Led by former Barrick Gold Corp executive Shaun Usmar, Triple Flag provides up-front financing to miners in exchange for a share of future revenue or production.
Commodities rally is wavering on worries about faster inflation, Federal Reserve hints at easing stimulus and China’s warning over measures to cool price spikes.
The Re|Source project will be tested in real operating conditions, from cobalt mines in the DRC to electric vehicle production sites, and will run until the end of 2021.