ARL 6.11% 69.5¢ ardea resources limited

Hi. Something very interesting to...

  1. 37 Posts.
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    Hi. Something very interesting to read:

    https://www.ft.com/content/3723f12e-0549-11ea-a984-fbbacad9e7dd

    --------------------------
    Pallinghurst Group, the investment group chaired by former BHP boss Brian Gilbertson, have announced plans to invest up to $2bn in mining projects for battery materials, including copper and nickel.The Pallinghurst-Traxys Battery Materials joint venture will look to take contolling stakes in lithium, graphite and cobalt projects in developed countries and invest in associated facilities that process and improve ore.
    ..

    The companies will not be targeting investments in continents such as resource-rich Africa and Latin America through the venture but only projects in North America, Europe and Australasia.David Merriman, a battery metals analyst at Roskill, a consultancy, said “there has been a real focus on regional supply chains for more ethical reasons . . . but also due to a number of more economic and technical benefits.”
    ..
 
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