BIT:ENIOil and Gas
Eni’s Graphite Move Links Brindisi Gigafactory To Critical Minerals Story
Eni (BIT:ENI) has agreed to acquire about 11.6% of Canadian battery materials producer Nouveau Monde Graphite.
The deal secures future access to graphite and anode active materials for lithium batteries.
Eni will gain a board seat and rights to negotiate exclusive supply agreements linked to its Brindisi gigafactory.
For investors watching Eni at a share price of €23.54, this move adds a new angle to a business often associated primarily with oil and gas. The stock is up 43.9% year to date...