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29Metals is an ASX-listed Australian base-metals miner running two operations: Golden Grove in Western Australia (a polymetallic VMS deposit producing copper, zinc, gold and silver concentrate, actively mining at ~1.44 Mtpa) and Capricorn Copper in Queensland (a high-grade underground copper-silver mine).
Widely held — top 3 shareholders combined ~50%; no single controlling shareholder. Buma and EMR Capital each hold board seats (per company About page).
Named counterparties identified by open-source research and written only where a primary source states the relationship — never inferred from sector or co-mention. 1 customer-side. This is a partial view: it covers the relationships we could evidence, not the company's full supply base.
US$50m offtake finance facility (binding terms 22 Apr 2024, ASX:29M announcement 2024-08-27) tied to concentrate offtake from the Capricorn Copper Mine as it moved into suspension. No share_pct disclosed -- this is a financing-linked offtake, not a customer-concentration percentage. Source is trade press reporting the ASX filing; the ASX PDF itself (announcements.asx.com.au/asxpdf/20240827/pdf/0672fh5skvsf88.pdf) could not be machine-read to confirm verbatim.
Scope. Absence of a counterparty here is not evidence that none exists — most commercial sourcing is confidential and never becomes public. Rows without a share figure mean no share was disclosed, not that the relationship is small.
This company sits on the supply side for 3 of its 3 materials — a restriction on those is a tailwind, not a headwind.
As a producer, policy pressure across its produced materials is flat.
Descriptive trend in official policy actions on this company’s materials — a policy-pressure trend, not a price or trading signal. No forward probability is implied. Direction is measured on actions we have discovered, and discovery lags events: where the recent window is too thin to support a calm reading, the row says coverage-limited instead of easing.
No actions in the register have named or swept this company in the last 24 months.