Securing supply chains for the required critical minerals is also a focus area of the Biden-Harris administration, and as has been the case in every related story I’ve written on this subject this year, we see the goals and timelines of the companies involved aligning with those of the government. That is critical, not just for Ambri, but for everyone in the Energy Transition space. “We’re excited about Perpetua because they come online and ramp up our domestic supply in ways that give us onshore supply chain security into the future,” Leff said. I noted that Perpetua’s current targeted start-up date for its Idaho mine is 2027 and asked if that lines up with Ambri’s own commercialization goals. ![]() So, we have no concerns about our ability to source calcium metal.” The only other metal needed is calcium metal, which Briggs informed me is the “fifth-most available element on the planet. So, why is a secure and plentiful supply of antimony important to Ambri? Because it is one of just two metal elements needed for the company’s liquid metal battery technology that Ambri believes is the real solution to the energy storage problem that lithium-ion technology has been unable to satisfy. has a tie-back to Perpetua Resources, and the mine in Idaho and Reliance Industries is going to be our partner in India for manufacturing and distribution.” “Their model is to build a strong syndicate, and we have been grateful to assemble a world-class group of investors with this round, led by Paulson & Co. ![]() ![]() “While the company has largely been funded over the most recent several years by Bill Gates, that’s not their team’s investment model,” he told me. Leff said the building of a strong syndicate of investors is critical. The Ambri team was able to tick off the first two boxes and then went to work on addressing the third key goal: Raising adequate capital to take the company to commercial scale.
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