Sulzer Acquires Minority Stake in Wealth Minerals to Boost Sustainable Energy Initiatives
May 16, 2024
Sulzer, a Winterthur-based group, has acquired a minority stake in Canadian company Wealth Minerals, reinforcing its commitment to transforming energy supply towards greater sustainability. Wealth Minerals focuses on developing projects for sustainable lithium production, with its main projects located in Chile.
Sulzer CEO Suzanne Thoma emphasized the strategic significance of this investment, stating, "We are investing in energy security and the transformation of natural resources.
"Details regarding the amount of the stake and the price paid were not disclosed.