Alliance Mineral Assets is set to ride the electric vehicle boom but will acrimony among key shareholders put the brakes on growth?

SINGAPORE (Nov 3): As electric vehicles are gaining popularity in the market, prices of cobalt and lithium, rare-metal commodities used to make rechargeable batteries, have been driven up.

Alliance Mineral Assets (AMA) is one local mining company that could benefit from this boom.

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.

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