Natural Resources
& Extraction Debt Capital
Structured Finance arranges senior debt and mezzanine capital facilities for critical minerals mining, energy extraction, metal refining, and resource logistics globally.
Unlocking Private Debt for High-CapEx Extraction & Processing
Financing large-scale natural resource developments requires underwriting geological reserves, commodity price volatility, and complex environmental compliance. As commercial banks exit extraction sectors due to ESG mandates and restrictive Reserve-Based Lending covenants, direct private credit provides the structured capital necessary to fund critical mineral and energy supply chains.
The Traditional Bank Challenge
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Restrictive Reserve Caps: Banks limit Reserve-Based Loans (RBL) to 50%–65% Net Present Value of proved producing reserves (PDP) and impose strict reserve tail covenants.
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Floating Rate Volatility: Commercial debt relies on floating SOFR plus steep premiums (350–600 bps), exposing capital stacks to severe commodity price downcycles.
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ESG Capital Exodus: Western bank syndicates have severely contracted lending to mining, heavy crude, and extraction, creating massive CapEx funding gaps for developers.
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Mandatory Hedging & Lock-ups: Banks mandate restrictive commodity price hedges (50%–80% of production) and rigid custodial reserve deposits before releasing funds.
The Structured Finance Solution
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Higher Leverage: We structure combined senior and mezzanine debt stacks that reach up to 90% LTC, drastically reducing the sponsor's cash equity burden.
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Fixed-Rate Certainty: All placed facilities utilize fixed interest rates, protecting your underwriting model from market volatility from ground-break to stabilization.
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Direct Private Capital: We place debt directly with private institutional lenders, eliminating the delays and friction of relying on a dozen regional banks to share the note.
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Milestone Capital Draws: Capital releases are aligned with feasibility milestones, off-take execution, and processing commissioning rather than rigid bank schedules.
Covered Resource Sectors
Critical Minerals & Energy Transition Metals
Debt facilities for lithium, cobalt, nickel, copper, and rare earth element (REE) mining and hydrometallurgical processing assets.
Precious & Industrial Metals Mining
Senior project financing for gold, silver, copper, platinum-group metals, and Tier-1 iron ore extraction complexes globally.
Oil, Natural Gas & Subsurface Energy
Capital placement for proven hydrocarbon reserves, LNG processing terminals, and midstream gathering and storage infrastructure.
Smelting, Refining & Metallurgical Complexes
Financing for high-capacity ore processing facilities, advanced smelting operations, and specialized metal refineries.
Resource Logistics & Bulk Handling Infrastructure
Custom debt facilities for specialized mining rail lines, slurry pipelines, deep-water bulk export terminals, and storage hubs.
And Other Specialized Resource & Mining Assets
Bespoke debt solutions for unique extraction developments, industrial mineral operations, and strategic stockpile infrastructure worldwide.
Submit Your Natural Resources Project
If you have a natural resources, critical minerals, or energy extraction project requiring debt financing, submit your project details directly to our origination desk for underwriting review.