EU-backed investors launch €500m plan for battery raw materials
The new fund looks to boost supply security for critical minerals as demand for electric vehicle (EV) batteries skyrockets.
18 January 2024
18 January 2024
The new fund looks to boost supply security for critical minerals as demand for electric vehicle (EV) batteries skyrockets.
The company also commenced a reverse circulation (RC) drill campaign at the New Dawn Lithium Project.
The project includes 12 prospecting licences in the Eastern Goldfields of Western Australia (WA).
In exchange for the claims, Vizsla Copper will issue 200,000 common shares to the vendor.
This marks a new direction in Polish attitudes towards the energy transition.
The transaction includes 19 single-cell mining claims from Gungnir Resources, complemented by 13 adjacent claims.
The status is crucial for the project's environmental assessment certificate (EAC) to remain valid beyond the deadline of 29 July 2026.
The first output from the site is slated for August this year, with funds secured through the company's existing cash reserves.
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