Cobalt 27 aims to tap electric car revolution with $150m IPO

June 23, 2017

Responsive image

Minerals company Cobalt 27 Capital made its debut on Canada’s Venture Exchange on Friday, raising C$200-million in a listing that offers investors exposure to cobalt, a key metal for batteries in electric cars.
Cobalt 27’s initial public offering highlights the burgeoning market for cobalt as the car industry’s push towards electric vehicles gathers pace.

Category: General