TechMet

Click here to download the PDF TechMet receives investment from US International Development Finance Corporation US International Development Finance Corporation (“DFC” – a US Government agency) makes a ground-breaking investment into technology metals company, TechMet Limited. The $25M investment is part of TechMet’s Round 2 equity raising; $50M has now been raised of the $80M…

The US government development bank is to invest $25m in London-based mining investment company TechMet, as part of a push by President Donald Trump to reduce reliance on supply chains dominated by China. The money from the $60bn US International Development Finance Corporation will help TechMet develop a Brazilian nickel and cobalt project that aims…

U.S. Steps Up Efforts to Counter China’s Dominance of Minerals Key to Electric Cars, Phones The U.S. government is ramping up efforts to secure minerals critical to modern technology but whose supply is dominated by China—a stranglehold that miners warn could take years to break. In recent years, the U.S. and other Western nations have invested…

U.S. Takes Stake in Battery-Metals Firm to Wean Itself Off China The U.S. government has taken an equity stake in a battery-metals company in a move that undercuts dependence on China for a key material used in electric vehicles. TechMet Ltd. received a $25 million investment from the U.S. International Development Finance Corporation to help develop a Brazilian…

usvanadium.com U.S. Vanadium To Keep Arkansas-Based Facility Operational Given its Role as an Essential Part of the U.S. Defense Industrial Base HOT SPRINGS, AR – (April 6, 2020) –U.S. Vanadium (the “Company”), the Arkansas-based producer of the world’s highest-purity vanadium pentoxide (V2O5), announced that it intends to maintain manufacturing operations at its flagship Hot Springs,…

PR Newswire First shipment of commercial product recovered via Li-Cycle’s proprietary, high efficiency process marks a major milestone in the lithium-ion battery recycling industry globally TORONTO, Jan. 7, 2020 /PRNewswire/ – Li-Cycle Corp. (“Li-Cycle“), a leading North America based lithium-ion battery resource recovery company, is pleased to announce in December 2019 it completed its first shipment of commercially recycled battery material, containing…

Express.co.uk A PROPOSED ban on petrol and diesel car sales from 2035 has been attacked by a range of motoring experts spoken to by Express.co.uk. Motoring specialists have shown a range of reservations for the introduction with many concerned on whether Britain was ready to go all-electric. Concerns were raised over the lack of infrastructure…

PR Newswire Restart of Operations at the Arkansas-Based Facility Will Create New Jobs and Will Allow the U.S. to Once Again Produce the Highest-Purity Vanadium Pentoxide Made Anywhere in the World. HOT SPRINGS, Ark., Oct. 14, 2019 /PRNewswire/ — U.S. Vanadium Holding Company LLC (“US Vanadium”) today announced the closing of its acquisition from a leading Russian steel conglomerate…

The Telegraph The US government is in talks with London-headquartered mining business TechMet about potential investment in the firm as it works to secure better supplies of the rare metals required to mass-produce electric cars. Overseas Private Investment Corporation (OPIC), a US government agency tasked with advancing foreign policy and national security objectives, has contacted…

Mining Global Mining Global brings you the lowdown on the latest trends in the battery metals market from TechMet CEO Brian Menell offering his predictions for the future production of tech commodities. “We are currently experiencing an epic supply/demand dislocation between exponential growth, and demand for lithium-ion batteries for electric vehicles and renewable energy systems,…

Business Insider Over the next 20 years, sales of electric vehicles are predicted to outstrip petrol and diesel engine cars. That has huge implications for the supply of metals that go into these vehicles. South African mining tycoon Brian Menell says China controls most of the supply for rare earth metals, lithium, and other important…

The Telegraph More than 11,000 feet up in the Andes mountains of southwest Bolivia lies Salar de Uyuni, a remote salt flat that is home to some of the world’s largest reserves of lithium. Largely untapped, the seemingly endless expanse of bright white salt plains are on the verge of a frenzy of activity as a global scramble erupts to extract the metal…

PRNewswire TechMet Limited, a private industrial company that is building controlling or significant minority positions in world-class projects across the technology metal supply chain, today announces the appointment of Admiral Michael Mullen as Chairman of its Advisory Board. Admiral Mullen was the Chairman of the Joint Chiefs of Staff of the United States (2007-2011) and principal military advisor to both…

Forbes For over 25 years Brian Menell, 53, has overseen, developed and managed natural resource and mining projects across 18 sub-Saharan African countries, and in the CIS and Canada. The Menell family founded and controlled the Anglovaal Group – one of the dominant players in the African mining and industrial scene over the last 80…

Biz News JOHANNESBURG — South African-born mining veteran Brian Menell is shifting his focus to what looks set to become the next gold rush. Demand for minerals that make up batteries, for the likes of electric cars and other smart devices, is expected to soar over the next few years. Many minerals such as cobalt, lithium and tungsten…

Financial Times Shares in cobalt producers rallied on Wednesday following news that Glencore, the world’s largest producer, had halted sales at its mine in the Democratic Republic of Congo. “This news highlights the fragility of the supply chain for battery metals when concentrated so heavily in one area,” Brian Menell, chief executive of London-based TechMet,…

Bloomberg South African mining veteran Brian Menell wants to build a battery material giant to help challenge China’s domination of the nascent industry. It’s still early days for his privately funded company, TechMet Ltd., which controls just a handful of assets from Canada to Rwanda. But he’s raising more money and sees countries such as…

Sustainable Development Technology Canada Across Canada, companies on the leading edge of innovation and job creation are advancing clean technologies across all sectors of the economy and finding new ways to solve the world’s environmental challenges. That’s good for everyone: clean technologies can create well-paying jobs that will support the Canadian economy and help Canada…