@aep I just got another email from them yesterday (see below). I am still worried about pulling the trigger but might be worth a $600 investment
"We are thrilled to share a significant development at EnergyX that marks a transformative moment in our journey towards revolutionizing the clean energy landscape.
We’ve made a strategic partnership with a Korean syndicate of investors, including Elohim Partners and IMM Investment Global, in our $50 million Series B financing round, led by General Motors.
Notably, one of the major contributors to IMM's fund vehicle is POSCO Holdings, a leading lithium battery materials company based in South Korea, with a full value chain spanning lithium resources exploration, production, and cathode materials manufacturing.
POSCO Holdings is well recognized for its commitment to the lithium industry and its robust presence in the clean energy revolution. As part of their commitment, they have undertaken a $4 billion investment in their own lithium production project in Salta, Argentina, further bolstering their position in the lithium supply chain. Their joint venture with GM, Ultium CAM, focuses on cathode production for electric vehicles and is set to make a significant impact.
We are excited to be collaborating with one of the largest cathode and future lithium producers in the world. Having POSCO as a partner is a true honor and validation of EnergyX’s technological progress, innovations, and capabilities."
"We are thrilled to share a significant development at EnergyX that marks a transformative moment in our journey towards revolutionizing the clean energy landscape.
We’ve made a strategic partnership with a Korean syndicate of investors, including Elohim Partners and IMM Investment Global, in our $50 million Series B financing round, led by General Motors.
Notably, one of the major contributors to IMM's fund vehicle is POSCO Holdings, a leading lithium battery materials company based in South Korea, with a full value chain spanning lithium resources exploration, production, and cathode materials manufacturing.
POSCO Holdings is well recognized for its commitment to the lithium industry and its robust presence in the clean energy revolution. As part of their commitment, they have undertaken a $4 billion investment in their own lithium production project in Salta, Argentina, further bolstering their position in the lithium supply chain. Their joint venture with GM, Ultium CAM, focuses on cathode production for electric vehicles and is set to make a significant impact.
We are excited to be collaborating with one of the largest cathode and future lithium producers in the world. Having POSCO as a partner is a true honor and validation of EnergyX’s technological progress, innovations, and capabilities."
