From the Chairman’s Desk
Navigating the Future of Critical Minerals
Dear friends, partners, and stakeholders,
Since 2011, Steencore has pursued a clear mandate: to build a disciplined, transparent platform focused on the responsible supply of critical minerals. Over more than a decade, we have evolved from a trading house into an integrated group financing, developing, and delivering the metals that underpin the global energy transition and technological advancement.
Today, this mission has become increasingly strategic. Electrification, renewable infrastructure, and AI-driven growth have elevated copper, cobalt, nickel, and related minerals to assets of systemic importance. Demand is accelerating, while supply remains constrained by capital intensity, geopolitical risk, and rising ESG requirements. Success in this environment requires institutional execution, long-term capital, and operational control across the value chain.
That is the Steencore we are building.
In 2025, Steencore completes its transition into a Luxembourg-domiciled SECAV RAIF, establishing a robust institutional platform to scale investment across exploration, production growth, and downstream processing. This structure strengthens governance, enhances capital durability, and reinforces confidence among investors, partners, and global counterparties, while preserving the agility that defines our culture.
Our ambition is clear: to serve as a trusted bridge between resource-rich regions and the industries driving global progress — building resilient, responsible, and traceable supply chains that generate enduring value for partners and sustainable development for communities.
The coming decade will define the future of critical minerals. Steencore intends to play a decisive role.
Warm regards,
Anthony Y. Warnaars
Chairman, Steencore Group