What We Do

Deterra specialises in the acquisition and management of metal royalty and stream interests.

Royalty Financing & Acquisition

We offer direct funding to mine developers and operators through the creation of new royalty and royalty-like instruments, including streams, to support project development, acquisitions, or enhance liquidity and balance sheets. Additionally, Deterra acquires existing royalties and royalty-like assets from holders of third-party generated royalties.

Royalty Management & Investor Returns

Our portfolio includes royalties over world-class assets like BHP’s Mining Area C and Lithium Americas’ Thacker Pass Project, delivering a reliable revenue stream while positioning us for future growth.

A Better Way to Invest in Resources

A mining royalty is an agreement that provides a mining company with a one-time payment in exchange for a share of future revenues. These extremely flexible agreements provide many benefits to both the royalty provider and the mining company.

Investing in a mining royalties company has key structural advantages over other forms of mining investments.

A diversified portfolio of royalty assets

Our royalty portfolio is anchored in leading mining jurisdictions and focused on commodities shaping the future.

Delivering attractive and sustainable shareholder returns

Royalty businesses and those that invest in them can benefit from the exploration and expansion success of the underlying project.

Offers a lower risk, higher margin exposure to the resources sector

Royalty investments are less exposed to the risks of capital and operating costs, while still providing investors with exposure to the price of the underlying commodity.

Benefits for Mining Companies

Revenue based royalties, such as Deterra’s Mining Area C Royalty, can also have an advantageous position in a mining company’s capital structure, accessing cash flows from the asset ahead of debt and equity providers.

For resources companies there are many advantages to royalty financing over traditional forms of financing.

Compared to debt

Compared to debt, royalty financing has longer terms and no fixed payments, is typically simpler to execute and has limited covenants.

Compared to equity

Compared to equity, it does not dilute existing shareholders, has no brokerage fees and is issued on the value of the project, not at a discount to the current share price.

Benefits to Operator

Overall, it is a flexible agreement that often better aligns the mining company and the financier.

Our Business Model

Our business model is simple and transparent, focused on high margins, dividends and disciplined growth.

We maintain our clear focus on generating long-term returns in excess of an acquisition’s cost of capital and prioritise opportunities that give us a competitive advantage and are focused on areas where we think we can bring value.

We will continue to add to our royalty portfolio over time through the patient and disciplined acquisition of value accretive royalties. Investors gain exposure to the upside of mining and have reduced exposure to the inherent risks associated with traditional mining investments such as increases in capital and operating costs.