Investment Strategy
Our investment philosophy is to combine:
- Macro-thematics of key commodities
- A focus on investing into producing assets with upside potential, where we have been consistently successful in the past
- Our ability to realize the upside potential within the fund timeframe
- An intimate knowledge of resources industry participants
- Our linkages into Asian markets
- Our ability to work collaboratively with investee companies to grow their value, leveraging our operational experience, expertise and networks.
Core Commodities
We focus on four core commodities being copper, gold, hard coking coal and potash. These are the commodities that have the strongest macro outlook and which the EMR team has a proven track record and considerable experience in.
Control
We invest in 100% or majority equity control of an investment – this allows us to most effectively deploy our operational and investment skillset and experience.
Private
We aim to invest in private or take-private operations and assets.
Production Assets
We invest in producing or near production assets.
Criteria
We invest in operations and assets that meet the EMR criteria of grade, scale, long-life, proven technology/process, low cost (or potential to be low cost), strong upside, stable jurisdictions and clear exit options.