https://newsletter.mw.creamermedia.com
Energy|Infrastructure|Mining|PROJECT|Resources|Solar|Storage|Technology|Infrastructure
Energy|Infrastructure|Mining|PROJECT|Resources|Solar|Storage|Technology|Infrastructure
energy|infrastructure|mining|project|resources|solar|storage|technology|infrastructure

VBR overshoots target with $650m fundraising

Mick Davis

Mick Davis

18th April 2023

By: Mariaan Webb

Creamer Media Senior Deputy Editor Online

     

Font size: - +

Battery minerals investor Vision Blue Resources (VBR) has raised more than $650-million from investors seeking exposure to its strategy of supporting companies that will help drive the global transition to clean energy.

Following strong support from specialist mining, private and large institutional investors, the proceeds were above VBR’s $500-million target.

“The interest from new investors seeking exposure to VBR’s strategy of accessing critical minerals has been beyond our expectations,” said chairperson Sir Mick Davis.

VBR’s investment strategy is to secure significant minority stakes in companies with well-defined, advanced and scalable assets, as well as committed management teams. It has invested in companies involved in graphite, vanadium, silicon metal, tin and rare earths. Each of these commodities benefits from rapidly growing demand from end markets, including electric vehicles, grid scale energy storage, wind and solar energy infrastructure and electronic devices.

“Since our first investment in early 2021, we have seen a growing realisation amongst governments, investors, industry and others that the world is facing a major shortfall in the supply of metals and minerals needed to enable the transition to clean, low carbon energy production and usage,” said Davis.

VBR's investment portfolio includes NextSource Materials, which is developing the Molo graphite project in Madagascar; Ferro-Alloy Resources, which is developing the Balasausqandiq vanadium deposit in Kazakhstan; Sinova Global, which aims to become a supplier of ultrahigh-quality quartz from the Horse Creek mine, in Canada; Cornish Metals, which is reopening the historic South Crofty tin mine, in the UK; and Serra Verde, which is developing an integrated rare earths mining and processing operation in central Brazil.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

To advertise email advertising@creamermedia.co.za or click here

Showroom

Multotec
Multotec

Multotec, recognised industry leaders in metallurgy and process engineering help mining houses across the world process minerals more efficiently,...

VISIT SHOWROOM 
Willard
Willard

Rooted in the hearts of South Africans, combining technology and a quest for perfection to bring you a battery of peerless standing. Willard...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

This week: Africa must collaborate to protect the planet; Engen showcases digital innovation, long-term commitment to coal sector at Coal Africa 2025 and, Pilot Crushtec demonstrates innovation, sustainability in crushing solutions at Coal Africa 2025
Resources Watch
22nd October 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.227 0.313s - 350pq - 2rq
Subscribe Now