Canadian Mining Journal

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Pala Investments sets up fund for new technology metals


Over the last decade, Pala Investments has invested across a range of metals including cobalt, lithium, rare earths, tin, nickel and copper. More recent investments include the $200 million public offering in June of Cobalt 27 Capital (TSXV: KBLT), a cobalt streaming company Pala helped set up and in which Pala now owns a 19% stake; a US$110 million debt financing of Altura Mining Ltd. (ASX: AJM), an Australian mining company developing the Pilangoora lithium mine in western Australia; and a portfolio of equities and bonds related to new energy.

Earlier this month the investment firm set up a new US$150 million fund – Pala New Energy Metals – dedicated exclusively to investing in projects and businesses that capitalize on the shift in the global energy mix, and advances in battery technologies and their industrial applications.

Stephen Gill, a managing partner at Pala in Zug, Switzerland, spoke to The Northern Miner about the new fund and Pala’s investment philosophy and enthusiasm for battery metals and other minerals critical to renewable and energy efficient technologies.

Read the interview at The Northern Miner.