Reported by Shubham Parashar, Written by Reuters | Wednesday January 2, 2019
Erik Prince, who founded the private security company Blackwater, is launching a fund to invest in metals used in electric vehicle batteries, he told the Financial Times. The fund aims to raise up to $500 million and will invest in deposits of metals such as cobalt, copper and lithium, largely in Africa and Asia, he told the newspaper.
www.carandbike.com