Did you guys know that Serra Verde is one of the largest ex-china producers of rare earths? And it is privately owned!
It was never on the radar for me.
The ownership structure of Serra Verde includes:
So the only way most of us could get exposure to Serra Verde is through the Orion Resouce Equities Fund...and I had a quick look, its hard to tell, but they have about 23 million euro...across 40 companies..and i didn't see a large % for Brazil....so i'm guessing their position is quite small. It would be intersting to see how they got that small position anyway.
So i have two big questions for Serra Verde
It was never on the radar for me.
The ownership structure of Serra Verde includes:
- Denham Capital
A Boston-based private equity firm specializing in energy and resources, Denham Capital has raised over $9 billion across ten institutional funds since its inception in 2004. Notably, they launched a $200 million SPAC, Denham Sustainable Performance Acquisition, targeting the global energy transition ecosystem. Denham Capital is a private entity and does not have a public stock ticker. - The Energy & Minerals Group
Based in Houston, EMG is a private equity firm with approximately $13 billion in assets under management as of December 31, 2024. Founded in 2006, EMG focuses on investments in the natural resources sector, including critical metals and minerals essential for decarbonization. EMG is a private firm and does not have a public stock ticker. - Vision Blue Resources
Founded in December 2020 by Sir Mick Davis, former CEO of Xstrata, VBR is a Guernsey-based investment firm focusing on battery and technology minerals linked to electric vehicle and grid storage growth. In 2021, VBR raised $60 million in its initial fundraising round and made its first investment of $29.5 million in NextSource Materials. VBR is a private company and does not have a public stock ticker. - Orion Resource Partners
A New York-based alternative investment firm dedicated to metals and materials, Orion Resource Partners has approximately $7.4 billion in discretionary assets under management as of March 28, 2024. They operate both private and public investment vehicles, including the Orion Resource Equities Fund (ICAV), which is accessible to institutional investors. The Orion Resource Equities Fund is listed under the ticker IE00037YPEO3.
So the only way most of us could get exposure to Serra Verde is through the Orion Resouce Equities Fund...and I had a quick look, its hard to tell, but they have about 23 million euro...across 40 companies..and i didn't see a large % for Brazil....so i'm guessing their position is quite small. It would be intersting to see how they got that small position anyway.
So i have two big questions for Serra Verde
- Why have they not got the full processing route to oxide?
- Why in this RE hyped climate, would they not list part of their stock? Its almost free money!?
