Bill Gates’ investment fund Breakthrough Energy Ventures recently invested $10 million in a seven-person start-up with no revenue and no customers, Mangrove Lithium.
It’s a niche investment, but could have critical implications for the rapidly growing electric vehicle market, as its founders aim to improve a very specific part of the lithium supply chain: Turning raw lithium into material for batteries.
To read the full story, visit the link below:
https://www.cnbc.com/2021/12/10/bill-gates-invested-in-mangrove-lithium-for-burgeoning-ev-market.html
Tags: battery lithium, Lithium, lithium carbonate, lithium extraction, lithium hydroxide, lithium refining