Hmm SF@HC, makes for interesting reading. One can only imagine how this is going to pan out over time.
I liked this bit of the report:
The deal, which will give CATL an 8.5% stake in Pilbara Minerals, is an important investment for CATL, said Justin Little, the energy and resources partner who jointly headed the G+T team with corporate advisory partner Justin Mannolini. He said that the deal is the start of a long-term strategic partnership between CATL and Pilbara Minerals.
CATL is said to be the leading manufacturer of electric-vehicle batteries for numerous global brands including Toyota, BWM, Volkswagen, and Honda. G+T said that Pilbara Minerals is a emerging Australian lithium producer. It owns the Pilgangoora Lithium-Tantalum Project, which is one of the largest lithium ore deposits in the world.
Hmm SF@HC, makes for interesting reading. One can only imagine...
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