Erik Prince to launch fund... EV metals

[anonymous-user]

"Erik Prince, the founder of private security firm Blackwater, plans to raise as much as $500m to capitalize on the rush into metals required for batteries used in electric cars, according to the Financial Times.

Prince says his new fund will focus on unexplored deposits which could be brought into production and then acquired by larger mining companies, and will look to offload its investments within four to five years. "


https://www.ft.com/content/89245498-0507-11e9-9d01...

https://www.zerohedge.com/news/2019-01-01/blackwat...