Orion Resource Partners announces sale of minority stake in Capstone Copper
Summary
Capstone has continued its successful transformation from a private company into a leading global copper player with strong sustainability credentials that is dual listed on the TSX and ASX. Todays transaction further evidences the strength of Orions partnership as an investor of choice for the worlds premier metals producers. Orion has successfully invested across the metals and materials value chain for over a decade, operating complementary investment strategies spanning the full liquidity spectrum, finding and capturing opportunities driven by the long-term trends of global decarbonization, the constrained supply of critical resources, and advancements in industrial technologies. In addition, it owns the fully permitted Santo Domingo copper-iron-gold project in Chile, as well as a portfolio of exploration properties in the Americas. Capstone is committed to creating a positive impact in the lives of its people and local communities, while delivering compelling returns to investors by responsibly producing copper to meet the worlds growing needs.