Expansion of Relationship with TechMet Ltd.

Leonhardt Group is proud to announce an increase of their investment into TechMet Ltd. Following our initial shareholding in 2021, we participated in the latest equity raising in summer 2022 and hence committed ourselves in an extended manner to this excellent enterprise. Our investment contributes to fund existing portfolio companies and future assets.

TechMet is a private company building a scalable platform of world-class assets that produce, process and recycle technology metals – the critical ingredients of the energy revolution. The company operates to a high level of environmental and social standards to drive shareholder value. One of TechMet’s key strength is their unparalleled sourcing and advisory network supported by investment from the U.S. government. A well-defined strategy has enabled TechMet to rapidly grow its international market position since inception.

“The geographic diverse portfolio of TechMet with scale and exposure to a manifold range of critical minerals alongside their focus on companies across multiple stages of the value chain is highly convincing for us. We regard the high-quality growth opportunities embedded in TechMet’s portfolio to be unique and consider the long-term impact of these firms on a global scale as significant. They all carry a disruptive DNA with the potential to cause positive disequilibrium and thus are real catalysts of the economic change engine. Our investment assists to proactively drive the energy transition which now, more than ever, is inevitable. This is a rare opportunity, but such an important one. We are proud to be part of this fantastic enterprise which is in full harmony with our focus on sustainability especially pertaining to our global machine engineering business.” – Nils Leonhardt