SolGold Acquisition, Valuation & Financials

Alphamin Resources Corp is engaged in the business of the production and sale of tin concentrate from the Bisie Tin mine in the Democratic Republic of the Congo (DRC). The company considers its business to consist of one reportable operating segment, being the production and sale of tin from its Bisie tin mine.

Critical Metals Corp operates as a mining exploration and development company focused on critical metals and minerals. Its key activities center on lithium and rare earth element deposits, with projects such as the Wolfsberg Lithium Project in Austria and the Tanbreez rare earth deposit in Greenland. Its operations are based prominently in Europe and Greenland, with an outlook on supplying strategic minerals to various countries.

Vedanta Iron and Steel is the ferrous business of the Vedanta group, covering iron ore, pig iron and steel operations. It sells to steel makers, foundries and industrial buyers in India. Listed after the group's demerger. Based in India, Mumbai-linked group.

Usinas Siderurgicas de Minas Gerais SA is a Brazil-based company engaged in producing and distributing flat steel products. The company's product portfolio comprises ordinary heavy plates, Sincron series premium heavy plates, hot strips, cold-rolled, and galvanized products. These products are used in automotive, civil construction, railway, electric, white goods, offshore platforms, and agricultural and construction machinery. The Brazilian domestic market represents the majority of the company's sales, while the United States, Argentina, and Turkey are the export destination markets for the company.

SG Mart is a B2B trader of steel products, selling pipes, TMT bars, coils and sheets from its own and sourced stock to builders, infrastructure firms and manufacturers. It runs a digital ordering platform and is expanding into steel manufacturing. Headquartered in Gurugram.

Gravita India recycles lead, aluminium and plastic scrap and makes lead alloys and related products. Customers are battery makers and other industrial firms across India, Africa and other regions. Headquartered in Jaipur.

Jinyuansheng is a Shanghai-headquartered enterprise specializing in mining, smelting, and processing of energy metals like nickel and cobalt. It manufactures lithium-ion battery cathode precursors and handles power battery recycling at facilities supporting the electric vehicle supply chain.

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.

BCI Minerals Ltd is an Australian resources company developing the Mardie Salt Operation and Potash Project located in the Pilbara, Western Australia. Its segments are Mardie Operation- This segment includes all activities related to the development and future operation of the Mardie Salt Operation and Potash Project, which is the group's principal project and primary focus of capital investment; and Corporate- This segment includes head office and corporate support functions, such as executive management, finance, legal, governance, and other administrative functions.

Solaris Resources Inc is advancing a portfolio of copper and gold assets in the Americas, which includes a high-grade resource with expansion and additional discovery potential at the Warintza copper and gold project in Ecuador; discovery potential on the grass-roots Tamarugo project in Chile and Capricho and Paco Orco projects in Peru, and the La Verde joint venture project. Geographical segments includes: Mexico, Ecuador, Chile, Peru and Canada.

Eramet SA is a French mining and metallurgical company focused on the extraction, production, and sale of alloying metals, principally Manganese, Nickel, Mineral Sands, and Lithium. The company is also engaged in the production and transformation of alloys. Manganese constitutes nearly half of Eramet's revenue, followed by Nickel. Geographically, the majority of the company's revenue is generated from Asia and the rest from Europe, North America, France, and other regions.

Companhia Siderurgica Nacional is an integrated steel producer. together with its subsidiaries operates in five main business segments: Steel industry: production and marketing of flat and long steels; Mining: extraction, processing and marketing of iron ore, tin, limestone and dolomite; Cement: production and commercialization of bagged and bulk cement, in addition to aggregates, concrete, and other related products; Energy: generation and sale of energy from almost all renewable sources; and Logistics: participations in railways and port terminals. The group generates the majority of its revenue from the Steel industry segment. Geographically, it derives a majority of revenue from Asia.

Electra is a steelmaking technology company that produces clean iron from high-impurity ores using electrolytic reduction powered by renewable energy. Operating a pilot plant in Boulder, Colorado since 2022, its process eliminates coking coal and cuts carbon emissions by 80% compared to blast furnaces. The company raised $85 million in Series A funding in 2023 from investors including Breakthrough Energy Ventures and works with steel producers to scale commercial facilities targeting 10 million tons annual output by 2030.

Zimplats Holdings Ltd is engaged in the production of the platinum group and associated metals such as platinum, palladium, rhodium, iridium, ruthenium, and other associated metals (nickel, gold, copper, cobalt, and silver) from the Great Dyke in Zimbabwe. The Group operates as a vertically integrated mining concern and is managed as a single segment. The Group’s operations are based in one geographical location, Zimbabwe. The Company operates mines in Ngezi and has processing plants in Selous and Ngezi.

Ivanhoe Electric Inc is a United States-based d minerals exploration company with a focus on developing mines from mineral deposits principally located in the United States. The company has four business segments; Santa Cruz Project; critical metals; data processing services; and energy storage. It derives a majority of its revenue from Canada. The Santa Cruz Project and critical metals segments are focused on mineral project exploration and development. The data processing segment provides data analytics, geophysical modeling, and artificial intelligence services for the mineral, oil & gas, and water exploration industries. The energy storage segment develops, manufactures, and installs vanadium flow batteries for grid-scale energy storage.

Jain Resource Recycling recycles non-ferrous scrap and battery material into lead, copper, aluminium and other metals. Customers are battery, wire and metal product makers. It operates plants in India and other countries. Headquartered in Mumbai.

GermanSubCo is the German holding subsidiary of Vulcan Energy Resources, focused on lithium extraction and geothermal energy in the Upper Rhine Valley.

TechMet is a private industrial firm securing supplies of critical metals for electric vehicles, renewable energy, and energy storage via mining, processing, refining, and recycling projects. It holds stakes in production and development assets across Africa, North America, and South America.