Lingbao Wason Copper Foil Acquisition, Valuation, Funding & Investors

Makes and trades silica ramming mass and other quartz-based refractory products. Steel and foundry customers use ramming mass to line induction furnaces. It sells mainly in India and is planning a silica ramming mass plant in Odisha with a refractories partner. Based in Jaipur.

MMTC is a state-owned trading company that imports and exports minerals, metals, agri products and precious metals. It is a major importer of gold and silver in India and sells bullion and coins. Customers include government bodies, industrial buyers and jewellers. It is headquartered in New Delhi.

Jastrzebska Spolka Weglowa SA is a coal producer based in Poland and one of the European Union's producers. The company predominantly produces hard coking coal which is an essential component in the production of steel, and in its coking plants, the company processes approximately half of the coking coal it produces. Additionally, the company is engaged in natural gas mining and generation, transmission and distribution of electricity. The company’s products are sold domestically as well as to Germany, Austria, the Czech Republic, Slovakia, Romania and Hungary.

Pantoro Gold Ltd owns and operates the Norseman Gold Project in Western Australia with active open-pit and underground mines. It operates in a single operating segment, being the Norseman Gold Project.

Makes graphite electrodes for electric arc furnaces used by steel makers. It sells in India and around the world, and also runs a power generation business. Part of the LNJ Bhilwara group. Based in Noida.

Sandur Manganese and Iron Ores mines and sells manganese and iron ore in Karnataka. It also makes ferro alloys and has interests in power generation. Customers are steelmakers. Headquartered in Bengaluru.

FireFly Metals Ltd is a high-grade copper and gold explorer developer in Canada. The company advances the Green Bay Copper-Gold Ming Mine project in Newfoundland & Labrador and exploring the high-grade Pickle Crow Gold project in Ontario.

Kardemir is an integrated Turkish iron and steel producer headquartered in Karabük. The company began production in 1937 as the country’s first integrated iron and steel works and later became a publicly traded corporation. Its facilities convert raw materials into billets, blooms, rebar, wire rod, profiles, rails, railway wheels and other long steel products. Kardemir supplies construction, manufacturing, mining, transportation and rail-infrastructure customers, including strategically important domestic projects. Its shares are divided into listed classes with different governance rights on Borsa İstanbul. Türkiye Wealth Fund purchased a block of privileged Class A shares in 2022, giving the fund 20% of that class and 4.4% of total capital without converting Kardemir into a private company.

Sigma Lithium Corp together with its direct and indirect subsidiaries, is a commercial producer of lithium concentrate. It holds full interest in four mineral properties: Grota do Cirilo, Sao Jose, Santa Clara, and Genipapo, located in the municipalities of Aracuai and Itinga, in the Vale do Jequitinhonha region in the State of Minas Gerais, Brazil. Geographically, the company operates in Switzerland; United Arab Emirates; Singapore; and Republic of Korea, of which it derives maximum revenue from Switzerland.

CVK Maden Isletmeleri Sanayi ve Ticaret AS is a mining company engaged in the production of lump and concentrate chromium ore, as well as lead, zinc, copper, and silver concentrates from its mining licences. It exports a prominent portion of its production and conducts exploration and survey activities within its mining licence areas.

Maharashtra Seamless makes seamless steel pipes and tubes, mainly for oil and gas, and provides oilfield services such as drilling. Customers are oil companies and industry in India and abroad. It is part of the Jindal group and is headquartered in New Delhi.

Kirloskar Ferrous Industries makes pig iron, ductile iron castings and cast iron parts. Customers include engine, auto, and pump makers. Headquartered in Pune.

Honbridge Holdings Ltd is a Hong Kong-based company mainly involved in mineral resources exploration and lithium battery production. The company reports in three segments that are Mineral resources exploration and trading, which includes research and exploration of mineral resources and trading of copper and steel; Lithium battery production, which is into production and sale of lithium battery; and Online car-hailing and related services segment. The vast majority of the revenue is generated from the Lithium battery production segment. The company operates in China, Belgium, and Sweden, out of which China accounts for the majority of the revenue.

SMI - Ste Metallurgique d'Imiter is a Morocco-based company engaged in the mining industry. The company's product portfolio consists of precious metals such as Silver and Gold, Copper, Zinc, Cobalt cathode, Arsenic, Nickel and many more. Its Morocco project consists of Bouskour and Tizert. The Bouskour project is located approximately 80 kilometers southeast of the city of Ouarzazate. Its Tizert project is situated approximately 80 kilometers east of the city of Agadir in the province of Taroudant. The company's Africa project comprises of Gold projects, Tri-K projects, Pumpi project, and Assosa and Budur projects.

Lilac Solutions is an Oakland-based provider of direct lithium extraction technology for battery production. The company deploys ion exchange columns that selectively capture lithium ions from brines in salars across South America and North America. Lilac's modular systems achieve high recovery rates while using less water and energy than traditional evaporation ponds. Founded in 2016, Lilac conducts pilots with resource owners in Nevada and Argentina to accelerate lithium supply for electric vehicles.

Pilbara Minerals is a Perth-headquartered producer of lithium and tantalum from its 100 percent-owned Pilgangoora project, located 120 kilometers from Port Hedland in Western Australia's Pilbara region. Recognized as one of the world's largest hard-rock lithium mines, Pilgangoora yields spodumene concentrate and tantalite byproducts, supplying battery manufacturers globally. The operation ramped up production in 2018, exporting via Port Hedland to markets in China and Europe amid rising electric vehicle demand.

Xiamen Golden Egret Special Alloy is a Chinese manufacturer of tungsten powder, cemented carbide and cutting tools, based in Xiamen. It was created in 1989 and grew into a Sino-foreign joint venture in which Xiamen Tungsten became the controlling shareholder. The company makes tungsten powder materials, carbide rods, indexable inserts, solid carbide tools and other cutting tools for metalworking. Its customers are manufacturers in sectors such as consumer electronics, machinery, moulds, automotive, energy and medical equipment. It sells through production bases in China and sales companies abroad, including a German subsidiary, Golden Egret Carbide Germany. Revenue comes from sales of materials and tools.