Cobalt 27 Capital Corp. is a leading electric metals investment vehicle that offers direct exposure to metals integral to key technologies of the electric vehicle and battery energy storage markets. The Company owns 2,905.7 Mt of physical cobalt and has acquired a cobalt stream on Vale's world-class Voisey's Bay mine beginning in 2021. Cobalt 27 is also undertaking the friendly acquisition of Highlands Pacific to create a leading high-growth, diversified battery metals streaming company. The transaction is expected to add increased attributable nickel and cobalt production from the long-life, world-class Ramu mine located in Papua New Guinea. The Company intends to continue investing in an electric metals-focused portfolio of streams, royalties and direct interests in mineral properties containing cobalt, while potentially adding to its cobalt physical holdings when opportunities arise.
Cobalt 27 believes the acceleration of global demand for electric vehicles, driven by strong improvements to battery technology and increased engagement from traditional automotive manufacturers, will continue to support positive cobalt market dynamics over the next 10 years and, provide shareholders with significant potential value appreciation through the company’s acquisition of electric metals focused assets. The company’s acquisition strategy is to fully exploit current market opportunities to invest in streams and royalties, and deliver growth as the leading electric metals investment vehicle.
Investor demand for battery materials - such as cobalt and nickel, has grown significantly over the past few years. Cobalt 27 is positioned to take advantage of the early stages of the battery metals upcycle where large-scale, base metals producers are actively seeking to leverage byproduct metals to fund mine expansion and repay debt using alternative, non-dilutive sources of capital. Cobalt 27 intends to apply a disciplined investing and operating approach and is actively pursuing electric metals streaming and royalty opportunities that could provide shareholders with near-term revenue and cash flow, diversified asset exposure, and additional future avenues for growth.
The Company has assembled a strong management team and board of directors comprised of experienced investors and executives from the finance and mining sectors. Collectively, they offer backgrounds in metals streaming and royalties, capital raising, mining finance, cobalt, nickel and commodity trading, and investment marketing. Acquisition opportunities will be sought or derived from a number of sources, including, but not limited to, management’s contacts in the natural resources and commodities trading industries. Cobalt 27 is further supported by its advisory board comprised of experts in the fields of mining, investment management and metals streaming and royalties.
Cobalt 27 expects to benefit from electric metals price appreciation, as well as growth opportunities from cobalt and nickel streams, royalties and interests in mineral properties containing cobalt.