Base & Non-Ferrous Metals
Supporting copper, zinc, nickel, and other base metal producers through financing structures underpinned by published resource data, executed offtake agreements, and disciplined cost assumptions.
The resource
Financing for copper, zinc, nickel and offtake.
In the base metals sector, long-term success is driven by operational efficiency, reliable logistics, and secure energy supply rather than ore grade alone. Our assessment begins with the cost curve, transportation infrastructure, and the financial strength and reliability of the offtake counterparty.
We finance operations supported by established infrastructure, reliable power supply, and well-defined routes to market, while calibrating exposure using conservative mid-cycle commodity price assumptions rather than cyclical market highs.
Where projected demand from electrification is presented as a key investment rationale, we subject the underlying assumptions to independent analysis rather than accepting them at face value.
Any sale of these resources depends on current availability and on clearing our compliance requirements.
Physical volumes of base & non-ferrous metals are offered only where supply is available at the time of enquiry and following the satisfactory completion of our compliance procedures. These include know-your-customer (KYC) and beneficial ownership verification, sanctions screening, and source-of-funds verification.
Where applicable, we provide documentation evidencing provenance, chain of custody, and compliance with all relevant export, import, and licensing requirements. Quantity, grade, pricing, and delivery schedules are confirmed only upon execution of definitive transaction documentation and completion of all applicable compliance procedures.
