Stellantis to invest $100m in Controlled Thermal Resources.

Transaction Tags

• Cross Border
• Minority
• Acquisition
• Public
• Friendly
• Pending
• Single Bidder
• lithium
• United States
• General Mining

Synopsis

Stellantis, a multinational automotive manufacturing corporation, to invest $100m in Controlled Thermal Resources, a advanced stages of developing a battery-grade direct lithium extraction and conversion facility. “This is a significant investment and goes a long way toward developing this key project,” Rod Colwell, Controlled Thermal CEO.

Sources