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US govt invests in low-cost nickel-cobalt producer

The USA government has made a US$25 million investment in privately held TechMet which gives it more control over the firm’s low-cost nickel-cobalt production in Piaui, in north-eastern Brazil.

US govt invests in low-cost nickel-cobalt producer US govt invests in low-cost nickel-cobalt producer US govt invests in low-cost nickel-cobalt producer US govt invests in low-cost nickel-cobalt producer US govt invests in low-cost nickel-cobalt producer

The USA government has taken an equity stake in private firm TechMet

The move by the country's International Development Finance Corporation (DFC) follows aggressive posturing by the US on countering China's control over supply of metals critical to the energy