Focus
Mining & critical minerals.
Modern industry and the energy transition rest on physical materials. We invest across the chain, from resource to provenance.
What we look for
- 01Critical and battery minerals
- 02Resource concessions and projects with defined reserves or resources
- 03Processing, recycling and recovery
- 04Provenance, traceability and settlement infrastructure for minerals
- 05Offtake-linked and royalty-style interests
How we measure it
Reserves & resources
Reported to recognised standards
Cost position
Where the asset sits on the cost curve
Jurisdiction & title
Legal certainty of ownership and permits
Geology does not change with the news cycle. We try not to, either.