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• QIA to become one of TechMet’s largest investors, with an investment commitment of $180m, adding to existing investments from the U.S. International Development Finance Corporation (“DFC”) and S2G Ventures
• The investment sees TechMet reach its $300m fundraising target
• Funds to be used to develop TechMet’s existing assets and to scale production of critical minerals such as lithium, nickel, cobalt and rare earths required to advance the clean energy transition