This CEO made $250m in lithium. Here’s where he’s investing next
Chris Reed made very early and very prescient investments in Australian lithium mining close to his home town of Kalgoorlie, after a brief conversation in 2008 with two old guys.
When German auto giant Mercedes-Benz asked Chris Reed’s company Neometals to guide its first steps into recycling the batteries that power electric vehicles, it revived a conversation that began with a chance encounter 14 years ago.
Reed had spent his 36th birthday on a work trip to Düsseldorf in November 2008, where a laboratory was conducting trials on the Australian vanadium geology that Reed was hoping to commercialise.
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