Page 6 - pd297-Sept21-mag-web

Trusted independent financial
advisor to the mining sector
2021: Advisor to
2020: Advisor to
2021: Advisor to

Diversified Minerals
Cassini Resources
Diversified Minerals
Geopacific Resources

Joint defence advisor in
Advised on the A$20m sale
Advised on the US$100m

of the Dargues gold mine in
relation to the A$76m
of the Henty gold mine in
financing (Loan and Stream)

Tasmania to Catalyst Metals.
for the greenfield Woodlark
NSW to Aurelia.
takeover by OZ Minerals.

gold project.

2018: Advisor to

2017: Advisor to
2016: Advisor to
2018: Advisor to
Explaurum Limited
OZ Minerals
Stanmore Coal
PanAust

Defence advisor in relation to
Advised on the financing

Advised on the US$90m
the unsolicited A$89m

refinancing of the Ban
acquisition of the Wotonga
strategy for the greenfield
takeover by Ramelius
development of the
Houayxai and Phu Kam

South Project from
Resources.
Peabody Energy.
Carrapateena copper-gold
copper-gold mines in Laos.
mine in SA.
neWs Advised on the A$30m 2020: Joint Advisor to Advised on the A$200m sale
Australia missing the
Korean connection T +61 2 9133 9000 | www.icapartners.com.au
enowned Korean manufacturers are future market,” AKBC critical minerals
Rshining a spotlight on Australia’s posi- sub-committee chair Clare Pope said. “As
tion as an emerging critical battery miner- the world increasingly relies on new re-
als producer, with calls for a greater level newable technologies, powered by critical
of policy support in a bullish market. minerals, Australia should position itself to
A report released by the Australia-Ko- capitalise on those opportunities.
rea Business Council (AKBC) last month “Australia itself has some of the largest
described the growth between the two known reserves of lithium, cobalt, man-
countries as unprecedented, suggesting ganese and tantalum. We are, therefore,
Australia is uniquely positioned to support ideally positioned to increase our supply
Korea’s ambition for a low carbon emis- to many of these innovative Korean com-
sion future, potentially providing Australia panies.
with $7.4 billion annually and 34,700 jobs. “We want to see Australia move further
Steelmaker POSCO alone is a major down the supply chain, to capitalise on our
player in this industry shift, signing lucra- natural endowment of raw materials and
tive deals with Queensland Pacific Metals use the support of our international part-
Ltd (worth $4.5 million), Pilbara Minerals ners to aggregate them. The goal for Aus-
Ltd ($80 million), Black Rock Mining Ltd tralia is to develop a mature upstream, and
($7.5 million) and Galaxy Resources Ltd downstream, supply of these minerals.”
($280 million) over the past few years. Pope said the Australian Government
Korea now sources 40% of its criti- had recognised the country’s ability to
cal minerals from Australian projects, but capitalise on its large-scale critical min-
AKBC representatives believe the relation- eral deposits through a number of policies,
ship between the two countries is still yet however, the Korean connection was yet Australia-Korea Business Council critical
reach its full potential. to be properly established. minerals sub-committee chair Clare Pope
“Australian miners see Korea as a key “These include measures such as the
Resources and Technology AKBC chair Simon Crean, a former Fed-
ASX companies with Korean partnerships Critical Minerals Processing eral Labor leader, urged any eligible Aus-
Road Map, the Australian tralian businesses to put their foot forward.
Critical Minerals Strategy and “As much as the government-to-gov-
Black Rock Mining Ltd $7.5 million the establishment of the Criti- ernment connection matters, it’s the
Queensland Pacific Metals Ltd $15 million cal Minerals Facilitation Of- business-to-business that drives it,” Crean
fice,” she said. said. “Korea is our fourth-largest trading
Pilbara Minerals Ltd $80 million “What we need now, in partner, but that’s mostly been in terms of
Galaxy Resources Ltd $280 million Australia, is a partner. We goods and services. We’re very keen to
think Korea is fantastic can- not just build on that platform, but to also
Australian Strategic Materials Ltd $340 million didate.” strengthen the areas of involvement, en-
Trusted independent financial
advisor to the mining sector

Page 6 SePTeMBeR 2021 aUSTRaLIa’S PaYDIRT

2021: Advisor to 2021: Advisor to 2020: Joint Advisor to 2020: Advisor to 2019: Advisor to
Geopacific Resources Diversified Minerals Cassini Resources Diversified Minerals Diversified Minerals
Advised on the US$100m Advised on the A$20m sale Joint defence advisor in Advised on the A$200m sale Advised on the A$100m
financing (Loan and Stream) of the Henty gold mine in relation to the A$76m of the Dargues gold mine in financing (Loan and
for the greenfield Woodlark Tasmania to Catalyst Metals. takeover by OZ Minerals. NSW to Aurelia. Royalty) for the greenfield
gold project. development of the Dargues
gold mine in NSW.

2018: Advisor to 2018: Advisor to 2017: Advisor to 2016: Advisor to 2014: Advisor to
Explaurum Limited Stanmore Coal OZ Minerals PanAust Discovery Metals
Defence advisor in relation to Advised on the A$30m Advised on the financing Advised on the US$90m Advised in relation to the
the unsolicited A$89m acquisition of the Wotonga strategy for the greenfield refinancing of the Ban recapitalisation options and
takeover by Ramelius South Project from development of the Houayxai and Phu Kam sale to Cupric Canyon.
Resources. Peabody Energy. Carrapateena copper-gold copper-gold mines in Laos.
mine in SA.

T +61 2 9133 9000 | www.icapartners.com.au