Volkswagen Group
Buyer / end userUnverified
German automaker. With its battery company PowerCo it bought a 9.9% stake in Patriot Battery Metals for US$48 million, alongside a binding offtake for spodumene concentrate from Quebec.
- Stakeholder group
- Buyers / end-user industry
- Headquarters
- Germany
- Website
- volkswagen-group.com ↗
Elements of interest
Deals and financing (1)
2024-12-18 · Offtake · signed · US$48 m
Volkswagen Group / PowerCo SE → Patriot Battery Metals · Shaakichiuwaanaan Lithium Project
Volkswagen invested about USD 48 million for 9.9% of Patriot Battery Metals and PowerCo signed a binding 10-year offtake for 100,000 tonnes a year of spodumene concentrate from the Shaakichiuwaanaan project in Québec.
Profile compiled from public sources (volkswagen-group.com), checked 2026-10-04. Report an error