
Strong Fundamentals - Direct Exposure to EV Adoption
- Growing demand for electric vehicles (EVs) and energy storage expected to drive demand for battery metals, particularly nickel and cobalt
- Strong battery metals demand coupled with challenged supply supports potential price appreciation

Leading Battery Metals Investment Vehicle
- Significant exposure to nickel, a metal with increasing relevance to electric vehicles and energy storage
- Expected to benefit from Ramu JV interest cash flow generation
- Growth through streams and royalties
- Few investment alternatives providing exposure to nickel and cobalt

Growth through streams, royalties & direct interests
- 8.56% JV interest in Ramu Ni-Co Mine
- NSR on construction-ready Ni-Co project; GRR on construction-ready Sc-Co project
- 11 royalties on production, development and exploration stage projects
- Ongoing discussions with potential streaming and royalty counterparties
Webcasts
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Financial Reports
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