Lithium miner Alliance Mineral Assets is set to ride a boom in electric vehicles. But acrimony among its key shareholders has weighed on its stock. Is this an opportunity?

(Nov 6): As a growing swathe of carmakers moves towards producing more electric-powered vehicles, the market has driven up the price of cobalt and lithium, rare-metal commodities used to make rechargeable batteries. Among mining companies that could benefit from this boom is one that is listed right here in Singapore.

The bad news is that a still-unresolved dispute resulted in big changes in its ownership structure over the last few months, which created doubt over the major shareholder’s grip over the company. The good news is that the company has succeeded in securing financing and improved offtake terms for the delivery of its first batch of lithium oxide next year. And, the current uncertainty could actually be an opportunity for investors.

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