Insights
Market notes from the desk.
Periodic writing on the financing structures, commodity cycles, and counterparty dynamics shaping the materials economy.
Market Note
June 10, 2026
ReadCopper at the inflection: financing the next supply cycle
Treatment charges, grid demand, and a thinning project pipeline are reshaping how senior lenders price copper risk into 2027.
Capital Brief
June 19, 2026
ReadA practical guide to mining project finance: structuring bankable mines and offtake-linked capital
How institutional lenders, sponsors, and offtakers actually structure debt, royalties, streams, and prepayments across the mine lifecycle — from feasibility through steady-state production.