{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Company Interviews","title":"Altius Minerals (TSX:ALS) - A Royalty Company for the Coming Commodity Supercycle","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/2cdb9606\"></iframe>","width":"100%","height":180,"duration":2478,"description":"Interview with Brian Dalton, President & CEO of Altius Minerals Corp.\nOur previous interview: https://www.cruxinvestor.com/posts/altius-minerals-als-100m-pa-revenue-from-green-investing-3304\nRecording date: 15th December 2023\nAltius Minerals holds an impressive portfolio of royalties and streams, with significant exposure to copper and potash markets set to see major supply shortfalls. Its focused strategy stands to benefit enormously if management’s bullish views on commodity supercycle play out.\nCEO Brian Dalton foresees widening gaps between supply and demand across metals crucial to the green energy transition. Depleting reserves have reduced output from existing mines even as EV growth and global development drive more consumption. The result is drastically underinvestment in new production capacity that will take a commodity price surge to unlock.\nIn copper specifically, champions like Altius argue rapidly expanding electric grid and vehicle manufacturing needs will overwhelm flatlining supply, likely spurring prices past incentive thresholds. As the lowest cost producer globally, operations in Altius’ royalty portfolio would stand to dramatically boost volumes should attractive economics exist.\nWhile inflation and political turmoil have challenged mining companies, royalty holders avoid much of this exposure. Increased costs for operators generally translate into higher commodity selling prices. With its lucrative 3% Kami iron royalty and 2% Curipamba copper stream among others, an Altius investment offers upside to the coming commodity bull run.\nTwo Key Catalysts Approaching\nBeyond the compelling long-term thesis, Altius has potential near-term catalysts ahead. Champion Iron is set to release feasibility study results for its Kami project, where Altius holds a major royalty. The study will detail production scale, guiding valuation.\nAdditionally, AngloGold Ashanti is advancing Silicon, revealed as a Tier-1 gold discovery royalty for Altius. AngloGold...","thumbnail_url":"https://img.transistorcdn.com/1wv-MFlQAgnm-ca64e5kK4984dZB0os8-HJdRVsI74M/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzEzNTcyLzE2MjM5/NTQyMDctYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}