In The First Quarter, The World Raised More Than $600 Million In Battery Metal Materials

- Jun 11, 2018-

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: