A clearly defined investment strategy
Our vision is to be globally recognised as the royalty company of choice synonymous with commodities that support a sustainable future by continuing to grow and diversify our royalty portfolio in line with our strategy. We will achieve this through building a diversified portfolio of scale over high quality assets that drives low volatility earnings growth and shareholder returns.
Our strategy is to acquire royalties and streams over low cost operations and projects with strong management teams, in well-established mining jurisdictions. Our portfolio has been re-weighted to provide material exposure to this commodity basket and we have successfully transitioned from a coal orientated royalty business in 2014 to one that by 2026 will be materially coal free and comprise over 90% exposure to commodities that support a sustainable future. The fundamental demand outlook for these commodities over the next decade is very strong, which should significantly increase the value of our royalty portfolio.
Our strategy is focused around four key pillars
Commodity selection
Our focus is on providing investors with exposure to commodities that will support a sustainable future
Investment framework
We use a rigorous screening and due diligence process to inform our investment decisions
Portfolio diversification
We seek diversity of commodities, jurisdiction and asset maturity to balance portfolio risk
Capital allocation
We focus on maintaining a strong balance sheet with a sensible approach to deleveraging