The company will partner with Chengxin and Yahua, suppliers of lithium hydroxide to Tesla, BYD, and LG.

The Bucko Lake mine operated from 2009 to 2012.

The company expects a global nickel surplus of more than 250,000 metric tons this year, up from previous estimates of 200,000 tons.

Louis Freeh, who ran the bureau from 1993 to mid-2001, is leading Alix Partners in advising Swiss company Solway on revamping governance at the Fenix complex.

The investment comes as part of a $44 million Series B round of financing.

With Jack taking the reins, the company’s key officer positions are now held by siblings, as his brother Adam is the firm's chairman.

The database covers more than 350 million sources of greenhouse gas pollution such as individual power plants, steel mills and mining operations.