A greenfield tin smelting facility in West Africa, at the stage where the sponsor had a technical plan and a resource story but nothing a lender could underwrite.
Smelting economics live or die on concentrate supply and treatment charges — two variables that move independently and are frequently modelled as if they don't. A model that assumes stable feedstock at a stable TC/RC is not a bankable model; it's a brochure.
A project finance model built to lender standards: capex phasing, concentrate feed assumptions, treatment and refining charge economics, recovery rates, and working capital through the ramp.
A funding framework across the debt stack, sized to sculpted cash flows.
Scenario analysis across tin price, concentrate availability, and processing recovery.
The financial architecture required for bankability review and investor engagement.
Pre-bankability work is cheaper than a failed process. Most sponsors discover which assumptions they can't defend during diligence. It is considerably better to discover it beforehand.
Last reviewed August 2026
USD 553,000,000
total project cost
Restructuring the funding plan for a three-phase integrated steel build
Phased project finance — senior, subordinated, mezzanine and vendor debt against a brownfield revival and capacity expansion to 1.84 MTPA
Debt structuring for a green hydrogen and ammonia production programme
Project finance debt sizing, sculpting and DSCR covenant design for a Gulf hydrogen and ammonia programme
Consolidating a cross-jurisdiction group ahead of a pilot plant equity raise
Equity raise financial model and group financial preparation for a pilot coated spherical graphite processing plant with associated upstream mining operations
Tell us the transaction and the timetable. If it is not something we should run, we will say so.