Across Europe's battery and critical minerals value chain, bringing projects through to financing remains complex. Costs are high, timelines are uncertain, and margins vary significantly across the value chain. At the same time, developers are rethinking how projects are structured ' from upstream integration to downstream partnerships ' to strengthen investment cases and improve access to capital. This panel looks at what investors are actually backing in Europe today, and what developers need to demonstrate to move projects from pipeline to financing. ' What 'bankable' means in the current market ' and how are investor expectations shifting? ' Where are projects facing the greatest challenges: cost, timelines, execution risk or market access? ' Margin realities across the value chain ' upstream vs refining vs downstream ' Integration strategies: why are companies moving across the value chain? ' Strategic vs financial returns: where are projects being backed for positioning, not just profitability? ' Access to market: the role of offtake agreements in unlocking financing ' Who is investing in Europe ' and what is attracting Asian investors in particular? ' Does Europe need a more protected or supported market to enable project viability? ' What do European players need to demonstrate today to secure international investment?