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Lithium Miner’s German Smelter Plan Draws Billionaires Bloomberg 1/12/2021 Eyk Henning and Christoph Rauwald (Bloomberg) -- Rock Tech Lithium Inc. plans to raise $400 million to build a lithium refinery in Germany and has attracted support from billionaires including Peter Thiel investing in Europe’s push to create a local electric-vehicle battery industry. The Canadian miner is in advanced talks with investors and sees the Brandenburg and Saxony-Anhalt regions as possible locations for the smelter, Chairman Dirk Harbecke said by phone. Europe is expected to overtake Chi...

Thiel-Backed Developer of Covid-19 Therapy Surges in Debut Bloomberg 12/11/2020 Kevin Orland (Bloomberg) -- AbCellera Biologics Inc., which is developing an antibody treatment for Covid-19 with Eli Lilly & Co., nearly tripled in the first day of trading after its initial public offering. Shares of the Vancouver-based company surged to $58.90 after being priced at $20 in the offering. The offering raised $483 million before commissions and expenses, making it the biggest Canadian pharmaceuticals IPO on record and the second-largest Canadian initial offering announced this yea...