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...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
02 July 2026

Oryx and Trafigura show two speeds of commodity ABS

Oryx has priced a landmark Permian midstream ABS that may open a new funding route for commodity infrastructure borrowers. But with Trafigura’s latest commodity receivables...

Perspective
03 July 2026

Tanzania SGR: An ECA coordination feat

Tanzania’s latest standard gauge railway financing shows that African transport corridors can access global liquidity. But only when sovereign risk, export credit, MDB...