Abu Dhabi-based venture to back mining projects in emerging markets

  • Date: 21-Jun-2021
  • Source: The National
  • Sector:Oil & Gas
  • Country:UAE
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Abu Dhabi-based venture to back mining projects in emerging markets

A venture set up in Abu Dhabi Global Markets, which is being backed by Abu Dhabi Catalyst Partners, plans to finance mining projects in emerging markets.

Alphastream Partners, a joint venture between two investment bankers running UK-based Portman Partners and ADCP, will provide debt and equity funding to companies developing mines for precious metals, industrial metals and rare earth elements.