That’s why this SPAC is so exciting – it fills the vacuum strategically. After honing the subject well against others, BFAC is in for a long game. It has yet to choose an “initial business combination” as SPAC usually does to start, but one of its main shareholders, Pala Investments Ltd., has been focused on the sector for some time. In 2019, it acquired a company that owns a nickel-cobalt mine and other related underdeveloped mining projects. It recently acquired a substantial stake in Nevada Copper Corp.
https://www.washingtonpost.com/business/energy/could-this-ev-battery-spac-unblock-supply-chains/2021/12/01/8641364e-52fa-11ec-83d2-d9dab0e23b7e_story.html?utm_source=rss&utm_medium=referral&utm_campaign=wp_business Can this EV SPAC battery unlock the supply chain?