TechMet-Mercuria SA, established in 2022 in Geneva, Switzerland, is a joint venture between TechMet Limited and Mercuria Energy Trading SA. The company operates as an energy metals platform specializing in the supply chain management and financing of critical metals essential for electric vehicles (EVs) and energy storage systems. Their operations encompass the sourcing, marketing, and distribution of vital materials including lithium, cobalt, nickel, and tin. Through their integrated approach, TechMet-Mercuria supports manufacturers and suppliers across the battery value chain with working capital solutions, risk management services, and sustainable supply chain practices.
Battery Technology
TechMet-Mercuria’s technology focus centers on supporting the battery metals ecosystem through advanced supply chain solutions and material processing. Their expertise includes the development of tracking systems that ensure secure and traceable supply chains for critical metals used in battery production. The company’s technical capabilities extend to material input optimization, providing producers with essential ingredients for battery manufacturing.
The company maintains strict quality control measures throughout their supply chain operations, ensuring that materials meet the exacting standards required for modern battery production. Their system incorporates sustainable practices and decarbonization initiatives, supporting the transition to cleaner energy solutions. TechMet-Mercuria’s approach to battery metals management includes specialized logistics services, price risk management tools, and financing solutions designed specifically for the battery materials sector.
Recent Projects
In August 2023, TechMet-Mercuria formed a strategic partnership with American Battery Technology Company to market and sell recycled battery metal products. This collaboration strengthens their position in the sustainable battery materials market. The company has also expanded its involvement in lithium procurement, becoming an exclusive agent for companies developing iron-based cathode materials for EV batteries, aimed at reducing dependence on Chinese supply chains.
Investors
TechMet-Mercuria benefits from strong financial backing through its parent companies. Notable investors in TechMet Limited include the U.S. International Development Finance Corporation (DFC) with a $105 million investment, Mercuria Energy Trading SA, Lansdowne Partners, and S2G Ventures. These investments support the company’s expansion and development of critical mineral operations worldwide.
Business Details
Location: Geneva, Switzerland
Website: https://techmet.com/techmetmercuria
LinkedIn: https://www.linkedin.com/company/85965288
