Important Disclosure. Battery Metals Mining Fund II (the “Fund”) is offered exclusively to qualified purchasers under Section 3(c)(7) of the Investment Company Act and pursuant to Rule 506(c) of Regulation D. The minimum capital commitment is US $10 million. This overview is summary only; the confidential private-placement memorandum (PPM), limited-partnership agreement and subscription documents govern. Investments are speculative, illiquid and subject to loss of principal. Historical results do not guarantee future performance. This is neither an offer to sell nor a solicitation to buy securities.
Battery Metals Mining Fund II — $150 Million Tailing-Reclamation Platform
The Fund finances, builds and scales an integrated tailings-reclamation company in the DRC–Zambia Copper Belt, targeting stranded copper-cobalt and critical mineral stockpiles left by legacy open-pit operations. Modular SX-EW and flotation plants extract saleable metal while remediating acid-generating waste—aligning economic return with environmental repair.
Why Now — Market Drivers
- Structural Copper Deficit. Wood Mackenzie projects a 5 Mt supply gap by 2030; recycled tailings provide low-strip feedstock.
- Cobalt Security. OEMs seek ethical cobalt supply outside artisanal channels; tailings deliver verifiable chain-of-custody metal.
- Capex Arbitrage. Re-processing capex < $6,000 per tonne of annual Cu capacity versus $15–20 k/t for new hard-rock builds.
- ESG & Carbon Credits. Neutralising sulfide dumps qualifies for carbon-credit issuance and government royalty rebates.
Build-Operate-Exit Blueprint
| Phase | Key Actions | Value Creation |
|---|---|---|
| Acquire & Secure | Lease/purchase tailing permits, complete 43-101 compliant resource statements, secure offtake LOIs. | De-risk tonnage, lock feedstock below discovery cost. |
| Deploy Modular Plants | Fabricate 30–45 ktpa SX-EW and flotation units off-site; commission within six months. | Quick cash-flow ramp, scalable hub-and-spoke model. |
| Institutionalise Operations | Hire Tier-1 mine manager, metallurgy chief, ESG officer; implement SAP-based ore tracking; brand as “Green Copper Africa”. | Transforms project collection into an integrated mining company. |
| Consolidate & Exit | Roll-up adjacent dumps, reach >100 ktpa Cu-eq run-rate; dual track sale to strategic or IPO on LSE/TSX. | Multiple expansion on cash-flow and ESG premium. |
Seed Asset Pipeline (Executed LOIs)
- Haut-Katanga Dump 24 Mt @ 0.92 % Cu / 0.21 % Co — Pilot pad operating, SGS recovery tests confirm 73 % Cu yield.
- Copperbelt Province 18 Mt @ 0.61 % Cu — 10-year offtake MOU with European cathode refiner, condition precedent: plant commissioning Q2-26.
- Lualaba Stockpile 12 Mt @ 1.08 % Cu — Environmental bond posted; tax holiday granted under DRC Reclamation Code.
Key Fund Terms (Summary)
| Parameter | Detail |
|---|---|
| Target Size | $150 million |
| Minimum Commitment | $10 million (Qualified Purchasers only) |
| Structure | Delaware Limited Partnership | Cayman blocker SPVs |
| Investment Period | 36 months |
| Preferred Return | 8 % cumulative |
| Carried Interest | 20 % over preferred |
| Fund Term | 8 years + up to two 1-year extensions |
Risk Management & ESG Alignment
- IFC Performance Standards, EITI reporting and third-party environmental audits.
- Phase-gate capex releases tied to metallurgical recovery and offtake covenants.
- Political-risk insurance (MIGA-backed) and hedging of Cu/Co price exposure via LME derivatives.
- Community royalty participation and local workforce training programmes.
Request the PPM
Qualified purchasers wishing to review the full technical reports, cash-flow model and legal documentation should email contact@fgcapitaladvisors.com with the subject line “Battery Metals Fund II — DD Request”.
