Vision Blue Resources has raised more than $650 million from investors seeking exposure to VBR’s strategy of supporting companies that will help drive the global transition to clean energy. Following strong support from specialist mining, private and large institutional investors, the proceeds were above VBR’s $500 million target.

Since its launch in 2021, VBR has continued to expand its portfolio to five strategic investments in companies involved in graphite, vanadium, silicon metal, tin and rare earths. Each of these commodities benefits from rapidly growing demand from end markets including electric vehicles, grid scale energy storage, wind and solar energy infrastructure, and electronic devices.

“Since our first investment in early 2021, we have seen a growing realization amongst governments, investors, industry and others that the world is facing a major shortfall in the supply of metals and minerals needed to enable the transition to clean, low carbon energy production and usage,” said Sir Mick Davis, CEO for Vision Blue. “The interest from new investors seeking exposure to VBR’s strategy of accessing critical minerals has been beyond our expectations. We are now well placed to expand our portfolio of strategic investments and capitalize on the opportunities which we have already identified.”

The company’s investment strategy is to secure significant minority stakes in companies with well defined, advanced and scalable assets, and committed management teams.