Canadian firm, BITRI in P1.2bn deal for battery minerals

The deal involves BITRI and Process Research Ortech (PRO) partnering to bring in funders for an as-yet-unnamed copper and nickel mine where minerals will be extracted for the development of batteries, which are increasingly required in the green energy transition.

The partnership was unveiled recently at the 2022 Commonwealth Heads of Government Meeting held in Rwanda, with Canadian prime minister, Justin Trudeau later releasing a statement hailing the collaboration.