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Strategic Alliances

  • Early-stage
  • Control (Acquisition/JVs)
  • Geological upside
  • ROIC: 12-15%
2019 Activities
  • Focusing on stable jurisdictions in Americas
  • Precious and non-precious metal deposits being considered
  • Acquired 100% of BioLantanidos rare earth project in Chile for $56m
  • Ongoin alliance with Skeena Resources for Snip project in Canada


2020 Priorities

  • Progressing current options to decision stage
  • Further options/JVs being considered in Americas
  • Larger acquisitions also being assessed
  • Progressing to definitive feasibility at BioLantanidos


  • Political, legal and regulatory
  • Commodity prices