La Mancha Resource Fund SCSp (“La Mancha” or the “Fund”), a Luxembourg-based fund advised by La Mancha Resource Capital LLP (“LMRC”), is pleased to announce that its wholly owned subsidiary has entered an agreement to invest US$100 million to support ACG Electric Metals Limited’s (“ACG Electric Metals”) acquisition of the Atlantic Nickel and the Mineraçao Vale Verde mines in Brazil.
La Mancha commits to invest US$100 million to finance the US$1.0 billion acquisition of two mines in Brazil alongside Glencore, Stellantis and Volkswagen Powerco
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