Investor that took on Exxon targets deals in critical minerals
Investment fund Engine No. 1, known for its battle with Exxon and recently taking a surprise stake in Vale’s base metals business, is eying more deals in critical minerals.
The EV giant considered acquiring part of Glencore, but negotiations failed on Tesla's concerns about the Swiss miner's coal business, FT.com reported.
The technology is housed in a self-contained unit and takes the lithium chloride feed produced by the company’s existing direct lithium extraction (DLE) demonstration plant.
Imerys unveiled plans to develop a lithium mine in central France that it said could be a leading contributor in Europe's quest for electric-vehicle battery materials.