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Industry News
28th June 2017

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

Minerals company Cobalt 27 Capital Corp made its debut on Canada's Venture Exchange on June 16, raising C$200 million ($150.7 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.

Reuters via Mining.com

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