Mercuria
"s part of the funding associated with the Acquisition, Mercuria, one of the world’s largest integrated energy and commodities companies with US$120 billion in annual turnover, has acquired a significant equity position in the Company. Mercuria and Jervois have agreed to work together to advance their commercial footprint and leverage rising demand for nickel and cobalt products. Mercuria has indicated it stands ready to commit additional capital to support expansion of Jervois’ activities across ICO, SMP, Freeport Cobalt and future growth initiatives."