In an extraordinary move amid the Coronavirus inspired market carnage, Blackstone Minerals has managed to place $6.8m at a 62% premium to market to giant South Korean battery materials manufacturer, EcoPro. EcoPro owns the world’s 2nd largest nickel-rich battery cathode manufacturer and the largest operation of its kind in Korea. EcoPro is looking to get exposure to Blackstone’s Ta Khoa Nickel-Platinum project in Vietnam.
