- Initial Investment Date
- 12/24/2020
- Location
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Canada
- Commodity
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Mining Innovation
- Board Representation
-
Charles Gillies
Chairman
Railveyor is an innovation company that designs and manufactures fully autonomous, emissions- and battery-free material hauling systems for underground and surface mining use. Railveyor is a low cost and low CO2 emitter for ore haulage.
Investment Thesis
- RailVeyor™ is a low-cost, fully autonomous, and electrically-powered materials handling system
- Benefits mine sites by reducing OPEX costs over traditional methods and produces zero diesel emissions
- Net zero emissions targets for mining firms is creating a growing demand for efficient, low emissions haulage solutions
Important Information
This information should not be deemed to be a recommendation of any specific commodity, company, or security.
This material is provided for educational purposes only and should not be construed as research. The information presented is not a complete analysis of the gold and/or commodities landscape. The opinions expressed may change as subsequent conditions vary. The information and opinions contained in this material are derived from proprietary and non-proprietary sources deemed by Resource Capital Funds and/or its affiliates (together, “RCF”) to be reliable. No representation is made that this information is accurate or complete. There is no guarantee that any forecasts made will come to pass. Reliance upon information in this material is at the sole discretion of the reader.
None of the information constitutes a recommendation by RCF, or an offer to sell, or a solicitation of any offer to buy or sell any securities, product or service. The information is not intended to provide investment advice. RCF does not guarantee the suitability or potential value of any particular investment. The information contained herein may not be relied upon by you in evaluating the merits of investing in any investment. There can be no guarantee historical trends will continue.
RCF Innovation II comprises RCF Jolimont Mining Innovation Fund II L.P. and RCF Jolimont Mining Innovation Fund II-A L.P. RCF Innovation I is not a legally established partnership and represents an extracted portfolio of investments of Resource Capital Fund VI L.P. (“RCF VI”) that was managed by the principals of Jolimont Global Mining Systems Pty Ltd before it was acquired by RCFM in September 2019. Two of the three principals currently manage RCF Jolimont Mining Innovation Fund II L.P. (“RCF Innovation II”) in a substantially similar manner to RCF Innovation I. Total portfolio performance results for RCF VI are available upon request.
Investing involves risk, including possible loss of principal.