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Anglo Pacific Group announce 'largest ever acquisition' to seize upon electric vehicles boom

Anglo Pacific Group announce 'largest ever acquisition' to seize upon electric vehicles boom

Anglo Pacific Group PLC's (LON:APF, TSE:APY) Chief Financial Officer Kevin Flynn talks to Proactive London about their deal to acquire a 70% net interest in a stream on cobalt production from the Voisey's Bay mine in Canada.

Flynn says this is the 'largest ever acquisition' for the firm and 'probably the most significant in terms of where we see ourselves going next'.

Flynn explains how the deal with provide a significant long-life revenue stream from an established, world class operation. At the same time, it provides exposure to a market that’s fuelled by the fast rising demand for electric vehicles.

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