Deterra Royalties (ASX:DRR) is holding an Investor Briefing Day in Sydney today at which the company will outline its strategy to build on its foundational world-class Mining Area C royalty and expand shareholder value through value-accretive investments.
The Investor Briefing Day will be led by managing director Julian Andrews and start at 9am AEDT / 6am AWST. To access the live webcast of the Investor Briefing Day, go to https://encoreglobal.zoom.us/j/92372893121 – Meeting ID: 923 7289 3121.
Speaking ahead of the webcast, Mr Andrews said:
“Deterra has a global portfolio of established and developing royalties and royalty-like instruments that leverages the unique benefits of the royalty model where economic interest can increase for no additional capital outlay.
“We have two world-class assets in the producing cornerstone Mining Area C (MAC) iron ore royalty in Western Australia and the developing flagship Thacker Pass lithium royalty in Nevada, USA. Together with our gold offtakes, we expect these assets will continue to generate strong cash flows and returns for our shareholders across diversified commodity price cycles.
“In addition, we have a strong balance sheet and capital management framework that balances shareholder returns with a clear investment strategy.
“We are committed to providing shareholders with lower-risk exposure to mining activity through value-accretive investment in resource projects, through either financing of projects by royalties or streams or the acquisition of similar existing instruments.”
