From the Chairman’s Desk

Dear friends, partners, and valued stakeholders,

Since founding Steencore in 2011, our guiding principle has been simple yet uncompromising: combine operational excellence in critical minerals with institutional-grade discipline and transparency. What began as a trading house has evolved into a globally integrated platform that finances, produces, processes, and delivers the metals powering the world’s energy transition and technological future.

Today we stand at an inflection point. The electrification of transport, the build-out of renewable energy, and the explosion of AI-driven infrastructure have transformed copper, cobalt, nickel, and other critical minerals from commodities into strategic assets. Demand is structural, long-term, and accelerating — yet supply remains constrained, fragmented, and increasingly shaped by geopolitics.

This new reality demands a new kind of player: one that can secure and upgrade physical assets, deploy substantial capital with precision, and operate to the highest environmental, social, and governance standards.

That is the Steencore we are building.

In 2025 we are completing our transition into a fund-based structure (a Luxembourg-domiciled SECAV RAIF), creating a powerful, flexible vehicle to finance exploration, production expansion, and downstream processing. This institutional platform will allow us to scale rapidly while maintaining the agility and rigor that have defined us from day one.

Our ambition is clear: to become the trusted bridge between resource-rich regions and the industries driving global progress — delivering resilient, responsible, and traceable supply chains that enable growth for our partners and sustainable development for the communities we serve.

None of this would be possible without the extraordinary team at Steencore and the enduring partnerships we have forged across continents. To every stakeholder who has placed their confidence in us — thank you. To those considering joining us on this journey — we stand ready.

The future of critical minerals is being written now.Steencore intends to help write it responsibly, profitably, and at scale.

Warm regards,
Anthony Y. Warnaars,  Chairman Steencore Group