Libra Group has made a strategic investment in green energy company GreenMet, formerly known as Greentech Minerals Holdings.
GreenMet is an infrastructure developer of sustainable supply chains for critical rare earth minerals, such as green steel, to meet U.S. and greater North American green energy and technology needs. Greenmet is currently working to develop six major projects that have a combined projected value of more than $2 billion and is quickly building unprecedented solutions in the battery and magnet supply chain.
“Ensuring a sustainable supply chain for rare earth minerals and metals, to include green steel, is vital to our national interests and economic future,” said Drew Horn, GreenMet CEO. “We are proud to build the foundation for greater resource independence when it comes to rare earth minerals, which will power our technological progress and also allow North America to move toward a greener future.”
The U.S. rare earth mineral market