TechMet acquires controlling or dominant minority stakes in mines and recycling facilities across four continents to provide Western‑aligned primary and secondary streams of lithium, nickel, cobalt, vanadium, rare earths, tungsten and related metals. Through its integrated TechMet SCM platform, it offers OEMs and tier‑1 suppliers end‑to‑end physical supply‑chain services—including trading, logistics and risk management—while adhering to IFC‑aligned ESG standards.
Funding
$180M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
QIFounders
Product
Problem
Global demand for technology metals such as lithium, nickel, cobalt, vanadium, rare earths, and tungsten is outpacing supply, while the majority of production and processing capacity is concentrated in jurisdictions that may restrict exports for geopolitical reasons. This creates a high‑risk, long‑lead‑time supply chain for manufacturers of electric vehicles, energy‑storage systems, AI hardware, and defense equipment.
Solution
TechMet secures a Western‑aligned supply of critical minerals by acquiring, developing, and recycling assets across four continents. The company holds controlling or dominant minority stakes in ten strategically selected mines and processing facilities, giving it direct access to primary and secondary metal streams. Through its TechMet SCM platform, it provides end‑to‑end physical supply‑chain services—including marketing, trading, logistics, and risk management—tailored to the needs of downstream manufacturers. TechMet also embeds ESG governance based on IFC Performance Standards, ensuring that its portfolio meets high environmental, social, and governance criteria while delivering reliable, responsibly sourced metal volumes.
Target Audience
Primary customers are OEMs and tier‑1 suppliers in the electric‑vehicle, energy‑storage, AI, robotics, and defense sectors that require secure, responsibly sourced critical metals, as well as commodity traders and industrial users seeking integrated supply‑chain solutions.
Features
- Controlling or dominant minority ownership in 10 critical‑metal assets spanning lithium, nickel, cobalt, vanadium, tin, rare earths, and tungsten across four continents.
- Integrated mining‑to‑recycling value chain that captures primary ore, refines concentrates, and recycles end‑of‑life material to maximize supply resilience.
- TechMet SCM platform offering market‑linked trading, freight optimization, and commodity‑risk hedging services under a single contractual framework.
- ESG compliance framework aligned with the International Finance Corporation’s Performance Standards, with quarterly monitoring and reporting for portfolio companies.
- Strategic partnership with the U.S. International Development Finance Corporation and a diversified sovereign/industrial shareholder base that facilitates capital access and policy alignment.
- Technical due‑diligence and operational support capability that accelerates project development, reducing the typical 16‑year lead time for new mine production.
- Diversified metal portfolio that matches the material requirements of EV batteries, grid‑scale storage, AI processors, and high‑performance alloys.