OUR HERITAGE
TechMet
US$25MM Equity Raise for TechMet in Brazil
Delphos facilitated a hybrid facility worth US$25MM through the DFC. This arrangement combines debt and equity to support the development of a nickel and cobalt open-pit mine in Piaui, Brazil. TechMet is a private industrial investment company that is building controlling or dominant minority positions in world-class projects producing technology metals. TechMet invests across the whole technology metal value chain, both in upstream and downstream battery technologies.
Sector
Energy and Natural Resources
Amount Raised
US$25,000,000
Deal Type
Capital Raising
Unique Challenge
Delphos advised on structuring and arranging the hybrid financing facility for a critical minerals project, supporting DFI engagement and aligning the transaction with energy transition priorities.
Sub-sector
Metals and Mining
Year
2020
Type of Financing
Debt, Equity
Deal Impact in Numbers
- ~25,000 metric tons of nickel produced annually
- ~900 metric tons of cobalt produced annually
- Increased supply for battery and clean energy applications
Lender
DFC
SDGs



Borrower
Brazilian Nickel PLC
Deal Impact in Lives
- Battery manufacturers and energy storage providers
- Industrial users of nickel and cobalt
- Local workers and communities in Brazil
Location
Brazil

