Sulzer Acquires Minority Share in Wealth Minerals Ltd.

Sulzer has acquired a single-digit minority share in Wealth Minerals Ltd., a developer of premier “green minerals” projects based in Vancouver BC, Canada. The official announcement was made on 15.05.2024 in Winterthur, Switzerland, and Vancouver, Canada.
Sulzer Acquires Minority Share in Wealth Minerals Ltd.

(Image source: Sulzer Ltd.)

Investing in Wealth Minerals Ltd. underscores Sulzer's commitment to advancing the green energy transition. With over 190 years of industry experience and a proven track record in sustainable technologies, Sulzer is ready to amplify Wealth Minerals` ambitions in developing environmentally sound Direct Lithium Extraction (DLE) projects. The current main projects are in Chile. This collaboration will play a pivotal role in securing the lithium supply chain. At the same time, it will contribute to reducing the environmental and social impact of “green minerals” large-scale mining. This is a crucial factor to sustainably drive the global green energy transition.

“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 Ltd.

By appointing Jan Lueder, President of Sulzer’s Flow Equipment Division, to the advisory board of Wealth Minerals, the collaborative effort to advance sustainable energy solutions is significantly strengthened.

"I am incredibly honored and excited to join the advisory board of Wealth Minerals," said Jan 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."

Source: Sulzer Ltd.

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