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EU-backed investors plan 500-million-euro battery raw materials fund

Two of Europe's leading energy transition investors plan to raise 500 million euros ($544.55 million) for a battery raw materials fund, aiming to plug "significant gaps" in the region's supply chain, executives told Reuters. InnoEnergy, backed by the European Union, and Demeter Investment Managers said the EBA Strategic Battery Materials Fund would focus its efforts on critical minerals including lithium, nickel, cobalt, manganese and graphite. Amid surging demand for electric batteries for transport and industry, the bloc is seeking to reduce its reliance on foreign supplies as part of the EU's Critical Raw Materials Act. ....

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EU-backed investors plan 500m-euro battery raw materials fund - Companies

EU-backed investors plan 500m-euro battery raw materials fund - Companies
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EU-endorsed investors eye $544M fund for battery raw materials

Two of Europe's leading energy transition investors plan to raise 500 million euros ($544.55 million) for a battery raw material fund, aiming to plug. ....

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EBA Strategic Battery Materials Fund created to support EU battery industry

Unveiled at Davos, the 'EBA Strategic Battery Materials Fund' by EIT InnoEnergy and Demeter marks a €500 million leap towards securing Europe's battery material independence, fostering a robust, self-reliant industry in the face of global supply chain challenges. ....

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EIT InnoEnergy and Demeter announce €500m EBA Materials Fund

EIT InnoEnergy and Demeter have announced the launch of the é500m EBA Materials Fund to bolster EU battery materials supply chains. ....

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