Former Xstrata News Today

Mick Davis launches $300M battery metals SPAC March 17, 2021 Former Xstrata boss Mick Davis’ newly founded battery metals investment firmVision Blue Resources (VBR) is stepping up efforts to reach the goal of becoming a battery metals giant by ESM Acquisition Corp. (NYSE: ESM), co-sponsored by VBR and private equity mining investor The Energy and Minerals Group, floated in the U.S. last week. Its mandate is to hunt for and invest in mining projects focused on pr...

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Mick Davis launches US$300 million battery metals SPAC An electric vehicle battery. Credit: kynny/iStock. ESM Acquisition Corp. (NYSE: ESM), co-sponsored by Vision Blue Resources and private equity mining investor The Energy and Minerals Group, floated in the U.S. in the second week of March. Its mandate is to invest in mining projects focused on producing minerals needed for electric vehicles (EVs) and other green energy technologies. Sir Mick Davis. Credit: NextSource Materials. Davis’ plan...