EV POWER
Qatar buys stake in U.S.-backed Irish mineral firm TechMet
The Biden administration seeks to overtake China in the market for lithium, cobalt and other minerals used to power electric cars, the FT reports
Qatar's capital city Doha (Photo: Getty Images)
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In a nod to Washington, Qatar has agreed to buy a $180 million stake in TechMet, an Irish mining investment firm backed by the U.S. International Development Finance Corp.The move, carried out through the Qatar Investment Authority, is designed...