Important Disclosure. Critical Minerals Capital (the “Fund”) is open only to qualified purchasers under Section 3(c)(7) of the Investment Company Act and Rule 506(c) of Regulation D. Minimum commitment: US $5 million. This summary is non‑binding; the private‑placement memorandum and partnership documents prevail. Private‑equity investments are illiquid and carry capital‑loss risk.
Critical Minerals Capital — $100 Million Early‑Stage Critical Minerals Fund
We deploy agile capital into early‑stage lithium, cobalt, tantalum and complementary battery‑metal plays across the DRC and Zambia. Greenfield licences, stranded tailings, unconventional off‑take angles—if the upside looks asymmetric, we engage. The mandate: secure tenure, validate geology, install strategic talent, then package each asset into a mine‑ready corporate shell.
Why Now — Market Signals
- Structural undersupply. Battery OEMs need fresh metal flow; legacy sources can’t keep pace.
- DRC–Zambia corridor. Tier‑1 grades meet improving frameworks—competition thins out below $200 M ticket size.
- Tailings arbitrage. Historic dumps yield quick, low‑strip feed for cobalt‑rich fines.
- Capital vacuum. Commercial lenders ignore sub‑$200 M plays—our sweet spot.
- Exit premium. Strategics pay up for clean, de‑risked tonnes outside dominant supply chains.
Core Playbook
| Stage | Action Set | Outcome |
|---|---|---|
| Acquire | Option licences, clear title, structure low‑cost entry with royalty kicker. | Cheap ground, upside intact. |
| Validate | First‑pass RC/DD, metallurgical quick‑looks, ESG baseline. | Resource credibility, sellable data. |
| Staff‑up | Drop in mine GM, CFO, ESG lead per project. | Standalone governance, rapid diligence path. |
| Unlock Cash | Permit tailings, deploy modular plant, presell metal streams. | Early revenue, dilution shield. |
| Exit / Spin | Trade sale, royalty carve‑out or public spin‑out. | ≥ 4× MOIC, 25 %+ net IRR. |
Term Sheet Snapshot
| Metric | Detail |
|---|---|
| Fund Size | $100 million |
| Minimum Ticket | $5 million |
| Vehicle | Delaware LP | Mauritius & Cayman SPVs |
| Investment Window | 36 months |
| Preferred Return | 8 % cumulative |
| Carry | 20 % over preferred (European waterfall) |
| Fund Life | 8 years + two 1‑year extensions |
Risk Guardrails & ESG
- Assets benchmarked to IFC Performance Standards.
- Milestone‑based drawdowns—no drill results, no cash.
- Community pools receive carried interest.
- Progressive rehab and zero‑discharge water policies embedded.
FAQ
What’s in the pipeline?
Greenfield pegmatite, sulphide and tailings plays in the Copper Belt—details under NDA.
How concentrated is the portfolio?
Six to eight core positions—enough diversification without diluting focus.
Why tailings alongside exploration?
Tailings generate near‑term cash and flatten the J‑curve.
Exit strategy?
Trade sale, public spin‑out or royalty carve‑out—whichever prints the strongest multiple.
Request the PPM
Ready to start diligence? contact@fgcapitaladvisors.com — include “Critical Minerals Capital — DD Pack” in the subject line. Access is granted once NDAs are in place.
