Investment Case

Our investment rationale:

Autonomy in our operations

  • Fully integrated mine to market operation at Diamond Creek

Generating positive impacts

  • Producing a product that increases sustainable agricultural production

Compelling economics

  • High margin, low capex, scalable operations, strong market fundamentals

Responsible mining

  • Simple operations – open pit, low strip ratio with minimal processing requirements and a low carbon footprint

Focused on driving value and generating cashflow

  • Optimising the product mix and ramping up sales

Pursue value-accretive opportunities through greenfields development and/or acquisition

Investment Highlights / Key facts

Fully integrated mine to market operation – producing green economy products. Full autonomy of operations and sales.

Compelling mining asset economics with high-margin returns and potential significant cash generation. Future dividend play.

Diamond Creek – highest-grade organic phosphate mine in USA. DSO premium product with low impurities – building market share in fast growing US organic fertiliser market.

Establishing foothold in carbon credit market – initiating programme to unlock value through carbon sequestration.

Compelling growth strategy through organic development and strategic partnerships focused on fertiliser markets across North America.

Focus and commitment to ESG – mining an essential resource for a sustainable future and create value and long-lasting benefit for all stakeholders.