Accelerate Resources debut on ASX supported by rising cobalt prices
Cobalt is trading at 8-year highs as the electric vehicle industry continues to grow.
Company
Accelerate Resources Ltd
ASX:AX8
Accelerate Resources Limited is an emerging mineral exploration company focused on the discovery and development of gold and critical minerals. The company is committed to creating shareholder value through exploration success, project de-risking, and growth via strategic acquisitions and partnerships.
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Accelerate Resources brings gold and cobalt to ASX with listing today
The initial public offering was oversubscribed and the $5 million maximum was raised.