In 2021, we secured a rare and exciting investment opportunity in TechMet, an international enterprise that is experiencing high growth in the technology metal industry. TechMet, founded in 2017, is acquiring controlling or significant minority positions in world-class projects across the supply chain. Their vision is to create a technology metals champion with strategic control over significant production of the key metals that will define and power the 21st-century global economy.
This investment is particularly significant given the current macro-tailwind driven by the global adoption of electric vehicles, renewable energy systems, and battery storage solutions in the fight against climate change. As these trends continue, the demand for technology metals is set to increase exponentially, and TechMet is well-positioned to benefit from this growth.
Through our strategic investment, we aim to capture the exponential growth and value trends in the technology metal industry. We are committed to actively supporting climate-positive technologies and are confident that our partnership with TechMet will enable us to contribute meaningfully to the fight against climate change.
We believe that investing in cutting-edge technologies that promote sustainability is crucial to creating a better future for generations to come. Our partnership with TechMet is a testament to our commitment to sustainable investments and our determination to make a positive impact on the world.