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.

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