Portfolio overview | Ecora Resources PLC (LSE: ECOR)

Contact

Ecora's Portfolio

We have 21 principal royalty and streaming related assets across five continents, providing diversified commodity exposure.

95% of our portfolio is located in OECD mining jurisdictions.

Asset	Commodity	Location	Stage	Operator	Royalty basis	Mine life
Mantos Blancos	Copper	Chile	Producing	Capstone Copper	1.525% NSR	2038
Carlota	Copper	USA	Producing	KGHM	5.0% NSR	2024/2025
West Musgrave	Copper and nickel	Australia	In construction	BHP	2.0% NSR	24 years
Santo Domingo	Copper and cobalt	Chile	Development	Capstone Copper	2.0% NSR	18 years
Piauí	Nickel and cobalt	Brazil	Development	Brazilian Nickel	1.60% GRR	18 years
Vizcachitas	Copper	Chile	Development	Los Andes Copper	1% NSR	26 years
Nifty	Copper	Australia	Development	Cyprium	1.5% GRR	15 years
Cañariaco	Copper and gold	Peru	Early stage	Candente Copper	0.5% NSR	28 years

Asset	Commodity	Location	Stage	Operator	Royalty basis	Mine life
Voisey’s Bay	Cobalt	Canada	Producing	Vale	22.82% stream	2035
Maracás Menchen	Vanadium	Brazil	Producing	Largo Resources	2.0% NSR	2041

Asset	Commodity	Location	Stage	Operator	Royalty basis	Mine life
McClean Lake mill	Uranium	Canada	Producing	Orano	22.5% of toll milling revenue	2037
Four Mile	Uranium	Australia	Producing	Quasar Resources	1.0% NSR	2029
Salamanca	Uranium	Spain	Development	Berkeley Energia	1.0% NSR	14 years
SW2	Uranium	Canada	Early stage	NexGen	2.0% NSR	n/a

Asset	Commodity	Location	Stage	Operator	Royalty basis	Mine life
IOC	Iron ore	Canada	Producing	Rio Tinto	7.0% GRR (indirect)	2045
Pilbara	Iron ore	Australia	Early stage	BHP	1.5% GRR	N/A
Incoa	Calcium carbonate	Dominican Republic/USA	Development	Incoa	~1.23% GRR	N/A
Ring of Fire	Chromite	Canada	Early stage	Wyloo Metals	1.0% NSR	N/A

Asset	Commodity	Location	Stage	Operator	Royalty basis	Mine life
Kestrel	Steelmaking coal	Australia	Producing	EMR Capital and Adaro	7.0–40.0% GRR	2026
EVBC	Gold	Spain	Producing	Orvana Minerals	2.5–3.0% NSR	2026

Asset	Commodity	Location	Stage	Operator	Royalty basis	Mine life
Mantos Blancos	Copper	Chile	Producing	Capstone Copper	1.525% NSR	2038
Carlota	Copper	USA	Producing	KGHM	5.0% NSR	2024/2025
West Musgrave	Copper and nickel	Australia	In construction	BHP	2.0% NSR	24 years
Santo Domingo	Copper and cobalt	Chile	Development	Capstone Copper	2.0% NSR	18 years
Piauí	Nickel and cobalt	Brazil	Development	Brazilian Nickel	1.60% GRR	18 years
Vizcachitas	Copper	Chile	Development	Los Andes Copper	1% NSR	26 years
Nifty	Copper	Australia	Development	Cyprium	1.5% GRR	15 years
Cañariaco	Copper and gold	Peru	Early stage	Candente Copper	0.5% NSR	28 years

Speciality and battery metals

Asset	Commodity	Location	Stage	Operator	Royalty basis	Mine life
Voisey’s Bay	Cobalt	Canada	Producing	Vale	22.82% stream	2035
Maracás Menchen	Vanadium	Brazil	Producing	Largo Resources	2.0% NSR	2041

Asset	Commodity	Location	Stage	Operator	Royalty basis	Mine life
McClean Lake mill	Uranium	Canada	Producing	Orano	22.5% of toll milling revenue	2037
Four Mile	Uranium	Australia	Producing	Quasar Resources	1.0% NSR	2029
Salamanca	Uranium	Spain	Development	Berkeley Energia	1.0% NSR	14 years
SW2	Uranium	Canada	Early stage	NexGen	2.0% NSR	n/a

Lower impact bulks

Asset	Commodity	Location	Stage	Operator	Royalty basis	Mine life
IOC	Iron ore	Canada	Producing	Rio Tinto	7.0% GRR (indirect)	2045
Pilbara	Iron ore	Australia	Early stage	BHP	1.5% GRR	N/A
Incoa	Calcium carbonate	Dominican Republic/USA	Development	Incoa	~1.23% GRR	N/A
Ring of Fire	Chromite	Canada	Early stage	Wyloo Metals	1.0% NSR	N/A

Asset	Commodity	Location	Stage	Operator	Royalty basis	Mine life
Kestrel	Steelmaking coal	Australia	Producing	EMR Capital and Adaro	7.0–40.0% GRR	2026
EVBC	Gold	Spain	Producing	Orvana Minerals	2.5–3.0% NSR	2026

Base metals
Speciality and battery metals
Uranium
Lower impact bulks
Other