Eurobattery Minerals AB is a Swedish mining company listed on NGM Nordic SME and Börse Stuttgart. With the vision of helping Europe become self-sufficient in ethical and fully traceable battery minerals for the electric vehicle industry, the company wants to position itself as a key player in the battery value chain. The company’s main projects consist of the nickel–cobalt–copper projects Hautalampi (Finland) and Corcel (Spain).
The proceeds from the capital raise will, among other things, be used for the preparation of a bankable feasibility study for the Hautalampi project and repayment of interest-bearing debt.
Augment acted as financial advisor to Eurobattery Minerals in connection with the transaction.