Pallinghurst earmarks $1bn for battery, fuel cell materials

Diversified investor Pallinghurst has entered the battery materials and energy storage revolution through the creation of a diversified battery raw materials platform. With the global electric vehicle and energy storage surge underpinned by government regulations and consumer demand for green energy options, Pallinghurst sees the demand for battery raw materials expanding in a manner not dissimilar to the steel raw materials super-cycle of a decade ago.