
GERMANY - BASF Venture Capital leads EUR 4m funding for Deutsche Rohstoff AG
BASF Venture Capital GmbH has led a EUR 4m round in raw material producer Deutsche Rohstoff AG, contributing half of the total sum.
Deutsche Rohstoff AG, based in Heidelberg, is primarily involved in exploration of industrial metals, precious metals and rare earth elements, and has access to proven raw material reserves. Deutsche Rohstoff AG's current portfolio includes rights to various ore deposits in Germany, whose main resources are tin, tungsten, copper, zinc and the rare earth elements cerium and lanthanum. The company is also involved in international exploration projects.
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