Altius Minerals Corporation

Altius Minerals Corporation is a Canadian-based royalty company specializing in diversified, long-life natural resource assets. Operating across renewable power, potash, clean steel (high-purity iron ore), base and battery metals like copper, lithium, and nickel, Altius is at the forefront of sustainable resource management. With royalties spanning more than 10 operating mines and 13 renewable energy projects, the company’s portfolio boasts exceptional geographic and sectoral diversity, providing resilience and longevity.

Founded on principles of sustainability and growth, Altius leverages its strategic presence in tier-1 jurisdictions such as Canada, the United States, and South America, where 49%, 31%, and 20% of its royalty revenues originate, respectively. By focusing on high-growth industries, particularly renewable energy and battery metals, the company aligns itself with global trends in decarbonization and electrification.

Listed on the Toronto Stock Exchange (TSX: ALS) and OTCQX (ATUSF), Altius is supported by a seasoned management team with expertise in mining, finance, and sustainability. With a track record of disciplined investments and innovative approaches, the company continues to unlock value from its portfolio while maintaining its commitment to responsible resource management.

Altius Minerals presents a compelling investment case as a leader in royalty-based natural resource revenue streams. The company’s diversified portfolio encompasses high-growth markets like renewable energy and battery metals, offering exposure to key sectors driving the global energy transition.

One of Altius’s standout opportunities lies in its renewable energy royalties, which have reached a cumulative 7.2 GW of development projects across nine U.S. states. These assets are poised to generate significant long-term revenues as demand for clean energy surges globally. Similarly, Altius’s strategic investments in potash and high-purity iron ore provide leverage to critical industries, such as agriculture and clean steel production, further enhancing its revenue potential.

The company’s unique position as a royalty operator, rather than a direct asset owner, offers lower operational risks while maintaining exposure to high-value resource developments. Additionally, its inherited infrastructure and favorable geographic positioning reduce capital intensity and mitigate investment risks. With increasing global demand for its key commodities, Altius is positioned to deliver sustainable, long-term value to its shareholders while contributing to the green economy.

Altius Minerals Corporation is guided by a highly experienced management team, each member contributing specialized expertise across mining, royalty management, and sustainable development. At the helm is CEO Brian Dalton, a visionary leader with decades of experience in resource finance and royalty development. Under his leadership, Altius has grown into a diversified royalty powerhouse with a focus on long-term value creation.

The company’s financial strategy is overseen by CFO Ben Lewis and VP Finance Stephanie Hussey, whose extensive backgrounds in corporate finance, operations and audit ensure robust financial discipline and strategic capital allocation. On the technical front, Lawrence Winter, VP of Generative and Technical Services, leverages his deep geological expertise to identify and evaluate high-potential royalty opportunities across diverse sectors.  Due diligence and royalty analysis are led by Mark Raguz, VP Corporate Development, while Chad Wells, VP Business Development and Corporate Secretary is the main Board liaison and a leader with Lawrence Winter of the Project Generation business.

Sustainability and stakeholder engagement are led by Flora Wood, VP IR  & Sustainability.  The Board of Directors has 9 members, seven of whom are independent, with extensive backgrounds in mining, finance, and sustainability, further positioning Altius as a leader in responsible resource management.

Altius Minerals Corporation employs a strategic growth plan centered on expanding its royalty portfolio across renewable energy, clean steel, potash, and battery metals. The company’s disciplined, counter-cyclical investment approach ensures resilience and the ability to capitalize on long-term market trends.

A cornerstone of Altius’s growth strategy is its focus on renewable energy. By co-founding Great Bay Renewables and funding over $490 million in renewable royalty investments, Altius has built a pipeline of projects totaling 7.2 GW of development capacity. This positions the company to benefit from the accelerating global transition to green energy.

In addition to renewables, Altius is advancing growth in high-purity iron ore, battery metals, and potash—industries essential to sustainable agriculture and the electrification of transport and energy storage. Strategic investments in assets like the Kami high-purity iron ore project and Saskatchewan’s potash mines leverage the company’s access to world-class jurisdictions and infrastructure.  Another key strategic royalty is Silicon, which is a 1.5% NSR on the very large scale Silicon Gold project in Beatty, NV being explored by AngloGold Ashanti.

Altius continues to seek new royalty opportunities through partnerships, acquisitions, and asset optimization, all while maintaining its commitment to ESG principles. By aligning its growth strategy with global trends and leveraging its diversified portfolio, Altius is well-positioned to deliver long-term value to shareholders and play a pivotal role in shaping a sustainable future.

Altius Minerals Corporation’s financial strategy is built on a diversified royalty portfolio and strong capital discipline. In 2024, Altius maintained a solid balance sheet with minimal debt and cash reserves bolstered by consistent royalty revenues across its key sectors. The company has returned value to shareholders through growing dividends and share buybacks, supported by stable revenue streams.

The company's royalty assets cover industries such as potash, base and battery metals, renewable energy, and high-purity iron ore, providing long-term growth opportunities. Notably, Altius’s renewable energy portfolio, managed through Great Bay Renewables, has funded more than US$490 million in renewable energy investments and is projected to generate royalty revenues of approximately US$13–16 million in 2024 alone at the GBR level.  The Altius attributable ownership is approximately 29%, or 57% of the 50% of GBR owned by now private company Altius Renewable Royalties.

In the potash sector, Altius royalties benefit from Saskatchewan’s competitive advantage, with global market share rising to meet growing demand. This aligns with the company’s disciplined, counter-cyclical investment strategy, which focuses on maintaining a balanced portfolio while capitalizing on emerging market trends.

Altius Minerals Corporation stands at the forefront of sustainable resource development, leveraging its diversified royalty portfolio to create long-term value for shareholders. With exposure to high-growth sectors like renewable energy, potash, and battery metals, Altius aligns its strategy with global trends in decarbonization and resource efficiency.

The company’s commitment to disciplined capital management, operational excellence, and ESG principles ensures resilience and adaptability in a rapidly evolving market landscape. By focusing on royalties rather than direct operations, Altius minimizes risk while benefiting from robust revenues across its diversified asset base.

As global demand for critical resources continues to rise, Altius is well-positioned to capitalize on emerging opportunities while upholding its dedication to environmental stewardship and community partnership. For investors seeking a resilient, forward-thinking approach to resource management, Altius Minerals offers a compelling opportunity to participate in the industries shaping the future.