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Volkswagen buys 9.9% of Patriot Battery Metals for $48 million

Cecilia Jamasmie | December 18, 2024 | 3:57 am Battery Metals Canada Europe Lithium 

German automaker Volkswagen (ETR: VOW3) announced on Wednesday its acquisition of a 9.9% stake in Canadian lithium company Patriot Battery Metals (TSX: PMET) (ASX: PMT) for $48 million. This marks the first time Volkswagen and its battery subsidiary, PowerCo, have...

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