Altius Minerals Stock

Altius Minerals Corporation operates as a mineral royalty/streaming, renewable energy royalty and mineral project generation company.

The company’s diversified mineral royalties and streams generate revenue from 14 operating mines located in Canada (13) and Brazil (1) that produce copper, zinc, nickel, cobalt, potash, iron ore, and thermal (electrical) coal.

The company further holds a diversified portfolio of pre-production stage royalties and junior equity positions that it originates through mineral exploration initiatives within a business division referred to as Project Generation. The company also indirectly invests in and holds royalties related to renewable energy generation projects located primarily in the United States through its investment in a joint venture.

The company also owns an 80% equity interest in Adventus Exploration Limited (Adventus), a 54.28% equity interest in Adia Resources Inc. (Adia), and a 97.30% interest in Coal Royalty Limited Partnership (CRLP).

Segments

The company operates through three segments: Mineral Royalties, Renewable Royalties, and Project Generation.

Mineral Royalties

This segment includes the acquisition and management of producing and development stage royalty and streaming interests.

Renewable Royalties

This segment includes the acquisition and management of renewable energy investments and royalties.

Project Generation

This segment includes the acquisition and early-stage exploration of mineral resource properties with an intention of vending the properties to third parties in exchange for early-stage royalties and minority equity or project interests.

History

Altius Minerals Corporation was founded in 1997. The company was incorporated pursuant to the provisions of the Business Corporations Act (Alberta) in 1997.