Volkswagen Invests in Patriot Battery Metals

Lithium is back baby!

Well, maybe not. The price of the mineral is still in the dumps, and the EV trade isn’t going exactly as planned.

But there is this. Volkswagen, the second largest automaker globally by production numbers, has made a substantial investment in Canada-based lithium explorer Patriot Battery Metals (TSX: PMET). While we question the terms of the investment, it’s nevertheless good news for a sector that has been heavily beat down over the last year.

Lets dive in.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Silver @ $36 & We’re Still 200M Oz Short | Paul Andre Huet – Americas Gold and Silver

Gold’s Wild Bull Run: Are Markets About to Break? | Mike McGlone

First Majestic Silver: The Santa Elena Mine

Recommended

Goliath Resources Closes Out Funding Round With Total Gross Proceeds Of $27.1 Million

Silver47 Kickstarts 4,000 Metre Drill Campaign At Red Mountain Project

Related News

Patriot Battery Metals Resumes Exploration At Corvette Property Following Forest Fires

Patriot Battery Metals (TSXV: PMET) has seen its exploration crews begin the process of remobilization...

Friday, June 16, 2023, 09:49:53 AM

Patriot Battery Metals Reports 52.2 Metres Of 3.34% Lithium Intercept At Corvette Property

Patriot Battery Metals (TSXV: PMET) continues to hit significant intercepts at its Corvette lithium property...

Monday, January 30, 2023, 08:18:01 AM

Patriot Battery Metals Sees Former CEO Blair Way Exit Leadership Team

Patriot Battery Metals (TSX: PMET) has seen its former CEO, Blair Way, continue to make...

Wednesday, July 3, 2024, 08:36:04 AM

Patriot Battery Metals Appoints Ken Brinsden, Ex-Pilbara CEO, As Chief Executive Officer

Patriot Battery Metals (TSXV: PMET) is implementing changes to its management team to enable what...

Thursday, January 25, 2024, 08:09:21 AM

Patriot Battery Metals To Have Seven Active Drill Rigs At Corvette By Mid-September

Investors of Patriot Battery Metals (TSXV: PMET) will have to wait a little longer for...

Tuesday, August 29, 2023, 08:44:21 AM