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Base Metals
Base metals serve a wide range of functions, from structural components to electrical wiring, due to their durability and strength.
They are essential to our modern economy and driving clean energy and electrification.
They include: Copper, Cobalt, Nickel, Zinc, Aluminum and Lead.
View our base metals assets in the map below.
Stage
-
Producing
-
Development
-
Early stage
-
In construction
Category
Commodity
Mantos Blancos, Chile
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Stage
Producing
Commodity
Copper
Operator
Capstone Copper
Location
Chile
Royalty rate and type
1.525% NSR
Voisey’s Bay, Canada
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Stage
Producing
Commodity
Cobalt
Operator
Vale
Location
Canada
Royalty rate and type
22.82% attributable production Production payment – 18% of spot price
IOC, Canada
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Stage
Producing
Commodity
Iron ore
Operator
Rio Tinto
Location
Canada
Royalty rate and type
Indirect interest in 7% GRR
McClean Lake mill, Canada
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Stage
Producing
Commodity
Uranium
Operator
Orano
Location
Canada
Royalty rate and type
Tolling revenue
Maracás Menchen, Brazil
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Stage
Producing
Commodity
Vanadium
Operator
Largo Resources
Location
Brazil
Royalty rate and type
2.0% NSR
Four Mile, Australia
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Stage
Producing
Commodity
Uranium
Operator
Quasar Resources
Location
Australia
Royalty rate and type
1.0% NSR
Carlota, USA
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Stage
Producing
Commodity
Copper
Operator
KGHM
Location
USA
Royalty rate and type
5.0% NSR
Pilbara, Australia
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Stage
Early stage
Commodity
Iron ore
Operator
BHP
Location
Australia
Royalty rate and type
1.5% GRR
Vizcachitas, Chile
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Stage
Development
Commodity
Copper
Operator
Los Andes Copper
Location
Chile
Royalty rate and type
0.25% NSR
Salamanca, Spain
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Stage
Development
Commodity
Uranium
Operator
Berkeley Energia
Location
Spain
Royalty rate and type
1.0% NSR
SW2, Canada
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Stage
Early stage
Commodity
Uranium
Operator
NexGen
Location
Canada
Royalty rate and type
2.0% NSR
Nifty, Australia
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Stage
Development
Commodity
Copper
Operator
Cyprium
Location
Australia
Royalty rate and type
1.5% Realised Value royalty
Phalaborwa, South Africa
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Stage
Development
Commodity
Rare Earths
Operator
Rainbow Rare Earths
Location
South Africa
Royalty rate and type
0.85% GRR
Balance sheet classification
Royalty Intangible
Santo Domingo, Chile
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Stage
Development
Commodity
Copper and cobalt
Operator
Capstone Copper
Location
Chile
Royalty rate and type
2.0% NSR
Cañariaco, Peru
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Stage
Early stage
Commodity
Copper and gold
Operator
Alta Copper
Location
Peru
Royalty rate and type
0.5% NSR
West Musgrave, Australia
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Stage
In construction
Commodity
Copper and nickel
Operator
BHP
Location
Australia
Royalty rate and type
2.0% NSR
Piauí, Brazil
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Stage
Development
Commodity
Nickel and cobalt
Operator
Brazilian Nickel
Location
Brazil
Royalty rate and type
1.60%
Incoa, Dominican Republic
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Stage
Development
Commodity
Calcium carbonate
Operator
Incoa
Location
Dominican Republic/USA
Royalty rate and type
~1.23% GRR
Ring of Fire, Canada
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Stage
Early stage
Commodity
Chromite
Operator
Wyloo Metals
Location
Canada
Royalty rate and type
1.0% NSR
Kestrel, Australia
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Stage
Producing
Commodity
Steelmaking coal
Operator
EMR Capital and Adaro
Location
Australia
Royalty rate and type
7.0–40.0% GRR
EVBC, Spain
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Stage
Producing
Commodity
Gold
Operator
Orvana Minerals
Location
Spain
Royalty rate and type
0.5–3.0% NSR