In the first quarter of 2018, investors provided huge support for financing battery materials, especially lithium, copper or nickel, with a cumulative total of more than $600 million raised.
Investors poured $325 million into lithium in the first quarter, according to Mining Intelligence.Most of that money went to Orocobre.Toyota bought a 15 per cent stake in the Australian company.
As always, gold financing is at its peak.Half of the nearly $830 million deal goes to Lundin Gold to advance its Fruta del Norte Gold project in Ecuador.
Cobalt was off the list with $23 million in financing, but the blue metal was a big hit with Cobalt 27 in 2017.
From the perspective of enterprises, the list of high financing amount is as follows:
