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Mick Davis launches $300 million battery metals SPAC Mick Davis is staging a comeback. ( ESM Acquisition Corp. (NYSE: ESM), co-sponsored by VBR and private equity mining investor The Energy and Minerals Group, floated in the US last week. Its mandate is to hunt for and invest in mining projects focused on producing minerals needed for electric vehicles (EVs) and other green energy technologies. Sign Up for the Battery Metals Digest Sign Up The plan is to use the Vision Blue business to invest in small mining projects, while ESM will seek bigger investment opportunities. “ESM’s strategy is...

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 is to use his Vision Blue Resources to invest in small mining projects, while ESM will seek bigger ...

TORONTO, ON / ACCESSWIRE / March 4, 2021 / NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to provide an update on the status of the closing of the first tranche

Glencore says its coal and copper production matched guidance in 2020. The multinational mining company names Cynthia Carroll to its board.

One of mining's heavyweights is betting on batteries to power his comeback. Mick Davis, a key figure in the megamergers of BHP Ltd. and Billiton as well as Glencore and Xstrata, is raising money to invest in companies that mine the metals required to store power. His wager: Efforts to move to low-carbon energy will require more batteries and provide a permanent shift in metals demand. Once the preserve of consumer products, batteries are disrupting the automotive and energy industries by enabling electric vehicles and making it possible to store wind and solar power. Th...