Funding Wanted for Quicklime Plant in California Supporting EV Battery Production

View Original Listing

Financial Details

Location:
Searles Valley, CA, US
Source:
Date:
May 12, 2025

Key Highlights

- $320M subordinated debt sought for a fully-permitted quicklime plant in California.
- Supplies hydrated quicklime for EV battery production, targeting plants in Tennessee and Texas.
- Anticipates NASDAQ listing by late 2025/early 2026, offering ISIN-registered bonds with progressive interest and equity.

Description

Analysis of a listing seeking $320M in subordinated debt for a fully-permitted quicklime plant in California. The plant will supply hydrated quicklime, a key ingredient for EV battery production, to meet the demands of new EV battery plants in Tennessee and Texas. The project anticipates a NASDAQ listing by late 2025 or early 2026 and offers ISIN-registered bonds with progressive interest rates and equity give based on coupon purchases. U.S. investors must be accredited.

Industry Information

Industry Description:
Mining / Minerals / Metals
Classification:
Manufacturing

Listing Details

Listing ID:
8d232a2e-2f0d-4f45-affd-a9c278330e3c
Deal Status:
For Sale
Date Posted:
May 11, 2025
Last Updated:
May 26, 2025
Currency:
USD