Critical Minerals Take Center Stage
Last year, Kinterra also pursued an off-market takeover bid for Australian mining company New World Resources Ltd. The effort ultimately fell short after U.K.-based rival Central Asia Metals submitted a successful $150 million offer in July.
Still, the momentum behind critical minerals investing appears to be building. Governments and investors alike have elevated materials such as copper and other strategic resources from industrial inputs to geopolitical levers.
“Critical minerals have moved to the center of economic, industrial, and geopolitical policy globally,” Cheryl Brandon, co-founder and co-managing partner of Kinterra, said in a statement. She added that Fund II positions the firm to scale its strategy at a time when opportunities are compelling for investors and increasingly strategic for governments.
Kinterra was advised on the fund closing by Latham & Watkins partners Andrea Schwartzman, Oliver Prakash-Jenkins, John Welling, Michael Milazzo and Nolon Blaylock.
As supply chains tighten and the race for energy transition metals accelerates, Kinterra Closes $950M Fund not just as a financial milestone, but as a signal flare in the global scramble for critical materials.
