OEM offtakes need careful structuring, Voltaire Minerals’ Brocas says

Original equipment manufacturers (OEMs) have been buying equity in miners to secure access to battery raw materials, but David Brocas, co-founder and managing partner of Voltaire Minerals Partners, contends that the offtake agreements may not be in the best interest of miners unless carefully structured.

According to Brocas, previously the head of cobalt at commodities marketer and miner Glencore, OEMs are attempting to secure reliable and compliant materials for the best possible price terms.

“This...

Published

Andrea Hotter

March 06, 2023

12:00 GMT

New York