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Sulzer invests in Canada’s Wealth Minerals

Sulzer has acquired a single-digit minority share in Wealth Minerals Ltd, a developer of “green minerals” projects based in Vancouver BC, Canada.

Lithium fields in Chile
Lithium fields in Chile - Image © freedom_wanted - Adobe Stock.

The Swiss engineering group says that investing in Wealth Minerals underscores its commitment to advancing the green energy transition and that it is ready to amplify Wealth Minerals` ambitions in developing environmentally sound direct lithium extraction (DLE) projects. Wealth Minerals’ current main projects are in Chile.

“At the core of this partnership stands our commitment to serve essential industries and contribute to both a prosperous economy and a sustainable society,” said Suzanne Thoma, executive chairwoman of Sulzer. “By investing in Wealth Minerals Ltd, we invest in energy security and transition as well as natural resource processing. Green minerals, such as lithium, play a pivotal role in the green energy transition, and Sulzer’s innovation and technology will contribute to making lithium more accessible and more sustainable.”

“We are excited to welcome Sulzer as a strategic investor and to support our long-term vision to become a pre-eminent player in the global lithium industry. We are committed to using the best available techniques and technologies and hereby protect nature," said Henk van Alphen, CEO of Wealth Minerals.

Jan Lueder, president of Sulzer’s Flow Equipment Division, has been appointed to the advisory board of Wealth Minerals.

“I am incredibly honored and excited to join the advisory board of Wealth Minerals,” said Lueder. “This opportunity aligns perfectly with our shared commitment to shaping the future of energy. I look forward to leveraging my experience to support Wealth Minerals in achieving its ambitious goals and driving positive change in the industry.”