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

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.