Volkswagen, Stellantis and Glencore backing ACG in $1B purchase of Brazilian nickel sulfide and copper mines
Green Car Congress
JUNE 14, 2023
Leading mining investment fund, La Mancha Resource Fund has committed to subscribe for $100 million in ACG equity as anchor investor (subject to customary closing conditions). The Atlantic Nickel mine at Santa Rita possesses a rare nickel sulfide resource, a key input into the class 1 nickel products used in EVs.
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