Anglo Pacific pivots towards battery metals as world turns green

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  • Anglo Pacific appoints Varda Shine as director
  • Anglo Pacific transforms itself at a stroke into a major battery metals player, with a particular emphasis on cobalt
  • Anglo Pacific Group ‘expecting much higher run rate for second half of the year’
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Quick facts: Anglo Pacific Group PLC

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Anglo Pacific Group PLC is a global natural resources royalty and streaming company.

The company’s strategy is to become a leading natural resources company through investing in high quality projects in preferred jurisdictions with trusted counterparties, underpinned by strong ESG principles.

It is a continuing policy of the company to pay a substantial portion of these royalties and streams to shareholders as dividends.

23 Aug 2021

(, , , ) () has appointed Varda Shine as its new independent non-executive director.

The company, in a statement, highlighted that Shine is a highly experienced mining director and was previously chief executive of De Beers Trading Company.

“We are very pleased to welcome Varda to the board following an extensive search process.

“Varda brings a wealth of experience to the board at a time when the company is looking to continue its diversification and focus on 21st century commodities that support a more sustainable future.

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28 Jul 2021

(, , , ) is optimistic about the remainder of 2021 after the natural resources royalty and streaming company saw its portfolio contribution fall in the first half.

The portfolio contribution dipped to GBP16.2mln, from GBP19.1mln in the first half of 2020, as lower coking coal prices and volumes at both Kestrel and Narrabri, mainly in the first quarter, outweighed maiden contributions from the group’s Voisey’s Bay cobalt stream of GBP1.7mln.

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06 May 2021

(LON:APF, ), a natural resources royalty and streaming company, said all of the producing assets in its portfolio are now back in operation, following the resumption of activities at the McClean Lake Mill after a period of COVID-19 related care and maintenance.

The company saw its first-quarter total portfolio contribution drop 40% from the preceding quarter to GBP6.8mln mainly due to the previously announced disposal of about 75% of its holding in LIORC to partially finance a transformational Voisey’s Bay acquisition.

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01 Mar 2021

“We’ve been looking for a big transformational acquisition for some time,” says Julian Treger of ().

“And this is it.”

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28 Jul 2021

(, , , )’s (LON:APF, ) Chief Financial Officer Kevin Flynn talks Proactive London’s Katie Pilbeam through the main highlights of their half year 2021 trading update.

The firm had eight cobalt deliveries processed under their Voisey’s Bay stream which has generated cash to the end of July 2021 of $5mln.

Fylnn reminds viewers of the transformational acquisition of Voisey’s Bay, not only in terms of it being the Group’s largest and most significant transaction to date, but also in terms of transitioning the portfolio towards 21st century commodities that support a more sustainable future.

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Anglo Pacific Group ‘expecting much higher run rate for second half of the year’

Anglo Pacific Group PLC (LSE:APF, TSX:APY, OTC:AGPIF, FRA:HGR)’s (LON:APF, TSE:APY) Chief Financial Officer Kevin Flynn talks Proactive London’s Katie Pilbeam through the main highlights of their half year 2021 trading update.

The firm had eight cobalt deliveries processed under their…

3 weeks, 5 days ago

3 min read

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