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0 -0.00130181831096941 -0.00594629077402863 -0.0051280440077426 -0.012093386681019 -0.0217921380009372 -0.0321055989115543 -0.0459707152350992
Stock impact report

Funds flood into Australian battery mineral explorers -report [Reuters]

Piedmont Lithium Inc. (PLL) 
Company Research Source: Reuters
Funds flood into Australian battery mineral explorers -report By Reuters Staff 3 Min Read MELBOURNE, June 8 (Reuters) - Australian minerals explorers have raised the most cash in nearly a decade as investors rush into gold as well as lithium and copper explorers expected to boom in the global energy transition, a report by advisor BDO showed on Tuesday. The quarterly report showed that Australian-listed explorers raised A$2.37 billion ($1.81 billion) in the March 2021 quarter, the most since BDO started the series in 2013, and almost double March 2020 when global COVID-19 shutdowns first hit. “There’s no doubt about where the money’s going and why it’s going there,” Sherif Andrawes, BDO’s Head of Global Natural Resources, said. The flood of funding toward battery minerals and clean energy companies is in line with growing environment social and governance (ESG) initiatives including rising electric vehicle adoption and lower carbon emission targets, he said. Among companies that rais Show less Read more
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