G+T acts as China's largest battery manufacturer invests in Australian lithium producer

Deal shows the firm’s “extensive experience in the emergence of the battery minerals sector,” joint lead partner says

G+T acts as China's largest battery manufacturer invests in Australian lithium producer

Gilbert + Tobin (G+T) has helped China’s largest battery manufacturer invest in an Australian lithium producer.

The top firm advised Contemporary Amperex Technology Limited (CATL) in its investment into Pilbara Minerals. CATL is investing $55m into Pilbara Minerals as part of the latter’s $91.5m equity raising.

The deal, which will give CATL an 8.5% stake in Pilbara Minerals, is an important investment for CATL, said Justin Little, the energy and resources partner who jointly headed the G+T team with corporate advisory partner Justin Mannolini. He said that the deal is the start of a long-term strategic partnership between CATL and Pilbara Minerals.

“This transaction is representative of G + T’s extensive experience in the emergence of the battery minerals sector, having acted on transactions involving all segments of the lithium supply chain,” he said.

Little and Mannolini were supported by senior associate Matt Watkins and lawyers Amelia Arndt and Melissa Haddad.

CATL is said to be the leading manufacturer of electric-vehicle batteries for numerous global brands including Toyota, BWM, Volkswagen, and Honda. G+T said that Pilbara Minerals is a emerging Australian lithium producer. It owns the Pilgangoora Lithium-Tantalum Project, which is one of the largest lithium ore deposits in the world.

Recent articles & video

Lander & Rogers launches workplace law elective at QUT

CE Family Law's Louise Hunter had an Erin Brockovich for a grandma

WFW picks up win at 2024 Australian ADR Awards

Three additions enhance G+T's partnership

American Bar Association releases guidance to prevent conflict with unretained clients

UK bar survey reveals one in five pupils face bullying and discrimination

Most Read Articles

Hamilton Locke partner transitions to Lander & Rogers

Global law firm Kirkland & Ellis advises on multi-billion-dollar merger in the natural gas sector

Two Australian lawyers ascend to partner in major HFW promotions round

ALRC releases anti-discrimination, religious educational institution law recommendations