Merger and acquisition activity in lithium, copper and cobalt is expected to feature high on the agenda of management teams across the industry given the buzz around new world critical minerals, according to a report by consultancy group EY.Environmental regulations and the electric vehicle (EV) revolution ignited various players to consider investment into the future supply of commodities used in battery technology, and continued pressure to reduce the reliance on fossil fuels will lead to further divestments or spinoffs, the report noted.
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