The Fund will diversify its portfolio through investment in companies across base, precious, bulk and industrial metals and invest across the development spectrum from early stage explorers to producers.
These investments will be made in listed entities (across global markets) and private entities.
Western Australian Uranium
A $46.1m staged financing package for the restructure of an Australian uranium business, including $12m from a leading mining identity, $22m from leading resource funds including Element and the remainder from sophisticated investors.