As investors seek out companies to invest in for the long term, they are often drawn to companies that are well-positioned both in terms of market fundamentals and growth potential. The recent announcement of the Lithium consolidation, with 3M Placement and Strategic Technology Demerger, is one such example.
The Tasmanian-based company, Lithium Consolidation, is a well-developed mining and technology company which has been operating since 2008. The company has a strong focus on four key areas, which has underpinned their success over the last twelve years, namely, lithium, cobalt, nickel, and tin. Lithium is used in the manufacture of mobile phones, computers, and electric car batteries, cobalt is used in the aircraft & aero engine batteries, nickel is used in coinage and batteries, and finally, tin is used in solders and antifouling paints.
3M Placement, a highly respected international investment banking firm, has recently facilitated a strategic technology demerger which merges Lithium’s core exploration activities within a new, publicly-listed entity named Som Neqwit Technologies (SNT). This provides the company with a focus on the development and commercialisation of cutting-edge renewable energy technology, with Lithium taking a lead in this space. SNT will be listed in the New Zealand Stock Exchange and provide investors with access to an exciting and growing renewable energy technology sector.
Additionally, the 3M Placement has provided a financial injection into Lithium, with a term loan of $20M and an equity injection of $10M to support the demerger and the long-term growth objectives of SNT. This capital is expected to be used to expand their exploration and development operations, and to acquire resources and technologies in lithium and cobalt. In addition, the funds will be used to provide growth capital to three operating subsidiaries – Southern Exploration, New Cobalt Mineral Processing, and Wintsch & Vass – which will enable the company to quickly capitalise on the growing demand for lithium and cobalt supply.
The strategic technology demerger of Lithium Consolidation is a strong move by 3M Placement as it will create a diversified and growth-orientated portfolio. With its focus on developing cutting-edge renewable energy technologies, the company is well-positioned to take advantage of the growth of the global $2 trillion energy market. Investors should consider taking advantage of this unique opportunity should they be looking for a long-term investment opportunity.
As investors seek out companies to invest in for the long term, they are often drawn to companies that are well-positioned both in terms of market fundamentals and growth potential. The recent announcement of the Lithium consolidation, with 3M Placement and Strategic Technology Demerger, is one such example.
The Tasmanian-based company, Lithium Consolidation, is a well-developed mining and technology company which has been operating since 2008. The company has a strong focus on four key areas, which has underpinned their success over the last twelve years, namely, lithium, cobalt, nickel, and tin. Lithium is used in the manufacture of mobile phones, computers, and electric car batteries, cobalt is used in the aircraft & aero engine batteries, nickel is used in coinage and batteries, and finally, tin is used in solders and antifouling paints.
3M Placement, a highly respected international investment banking firm, has recently facilitated a strategic technology demerger which merges Lithium’s core exploration activities within a new, publicly-listed entity named Som Neqwit Technologies (SNT). This provides the company with a focus on the development and commercialisation of cutting-edge renewable energy technology, with Lithium taking a lead in this space. SNT will be listed in the New Zealand Stock Exchange and provide investors with access to an exciting and growing renewable energy technology sector.
Additionally, the 3M Placement has provided a financial injection into Lithium, with a term loan of $20M and an equity injection of $10M to support the demerger and the long-term growth objectives of SNT. This capital is expected to be used to expand their exploration and development operations, and to acquire resources and technologies in lithium and cobalt. In addition, the funds will be used to provide growth capital to three operating subsidiaries – Southern Exploration, New Cobalt Mineral Processing, and Wintsch & Vass – which will enable the company to quickly capitalise on the growing demand for lithium and cobalt supply.
The strategic technology demerger of Lithium Consolidation is a strong move by 3M Placement as it will create a diversified and growth-orientated portfolio. With its focus on developing cutting-edge renewable energy technologies, the company is well-positioned to take advantage of the growth of the global $2 trillion energy market. Investors should consider taking advantage of this unique opportunity should they be looking for a long-term investment opportunity.
