News
19 December 2024

Volkswagen buys 9.9% of Patriot Battery Metals

In:
Metals and Mining
Region:
Americas, Europe

Volkswagen has acquired a 9.9% stake in Canadian lithium company Patriot Battery Metals for $48 million. This marks the first time Volkswagen and its battery subsidiary, PowerCo, have directly invested in the lithium supply chain, as the company aims to secure raw material supplies from North...

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