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Wheaton Precious Metals is a Vancouver-headquartered streaming company — it owns no mines and operates no processing plants.
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 supplier. This is a partial view: it covers the relationships we could evidence, not the company's full supply base.
Cobalt streaming agreement: US$390M upfront plus ongoing payments of 18% of cobalt spot price per lb delivered.
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.
5 other tracked dossiers name this company as a counterparty in its own sourced disclosure — this platform never wrote these rows on this company's own page, they are read here inverted from the dossier that disclosed them. This is a partial view: 997 additional named-counterparty rows across the corpus could not be matched to a tracked dossier by name at all (mostly non-Latin legal names), so the true count is higher than what renders here.
Wheaton's portfolio page states its PMPA covers 100% of silver production in Aljustrel zinc/lead concentrates (2014 amendment waived silver in copper concentrate); the 2018 amendment raised production payments to 50% of amounts received under concentrate sales agreements and fixed silver payable rates for two years, limiting decreases thereafter. The 50% is a per-ounce production payment rate, not a share of Almina's revenue, so no share_pct is given.
2015-11-03 precious metal purchase agreement: Wheaton (then Silver Wheaton) acquires from Anani Investments Ltd. (a Glencore plc subsidiary) 33.75% of silver production from the Antamina mine (Peru) until delivery of 140 million ounces, then 22.5% thereafter, delivered in refined metal at a fixed payable rate — the streaming-company equivalent of a customer. Original SEC-filed AIF exhibit (d56281dex991.htm) returns 403 as of 2026-09-19; re-sourced to Wheaton's 2026-02-16 press release announcing its new BHP partnership, which restates the original Glencore stream terms as still in force ('67.5% ... up from the 33.75% currently delivered under the existing Glencore silver stream'). A separate BHP-originated stream on BHP's own Antamina stake exists under this same 2026 deal but is not recorded here (BHP's dossier does not carry silver as a scored material).
Wheaton's (then Silver Wheaton) own 2012-08-08 press release announcing the agreement with Hudbay Minerals Inc. and subsidiary Hudbay (BVI) Inc.: 100% of life-of-mine payable silver from Constancia (Peru), plus a 777 Mine gold stream. Amended 2013-11-04 to add 50% of Constancia life-of-mine gold, and 2021-05-10 to raise fixed gold recoveries at Constancia from 55% to 70% during the Pampacancha reserve life. Wheaton buys the stream at a fixed discount, delivered in refined metal — the streaming-company equivalent of a customer. Original SEC 40-F exhibit link (Wheaton FY2025 AIF) returned 403 on re-check 2026-09-19; replaced with Wheaton's own live primary press release. Stream commodity is silver, one of this dossier's scored materials (Constancia's own copper output is unaffected).
20-F note 2 (segment revenue reconciliation) and the revenue-recognition note: 'the gold and palladium streaming arrangement with Wheaton Precious Metals International (Wheaton International) (Wheaton Stream)', tied to the US PGM operations (Stillwater/East Boulder), financing rate 4.6-5.2%, stream life ~66 years matching the US PGM operations' life-of-mine. Wheaton buys a fixed share of Sibanye's future palladium+gold output at a discount, delivered in refined metal — the streaming-company equivalent of a customer. Applies broadly to material_exposures per this dossier's existing convention; the specific stream commodity is palladium (platinum-palladium slug), not the full material list. Refresh r19 2026-09-27: a stream is a metal-credit financing arrangement, not a physical shipment; tied to the US PGM ops (Stillwater), so origin US and no ZA>CA corridor. Verify pass 2026-10-02: SEC EDGAR htm for this filing returned 403 to our fetcher; re-pointed citation to the company's own hosted 2025 Group Annual Financial Report PDF, same filing content.
Wheaton's 2025 AIF (Exhibit 99.1 to its 40-F, dated 2026-02-19; direct exhibit URL returns 403 to automated fetches, replaced here with the live EDGAR filing index): a 2018-06-11 precious metal purchase agreement to acquire from Vale Switzerland S.A. (a Vale subsidiary) 42.4% of cobalt production from the Voisey's Bay mine (Newfoundland and Labrador, Canada) until delivery of 31 million pounds, then 21.2% thereafter. Wheaton buys a fixed share of Vale's Voisey's Bay cobalt at a discount, delivered in refined metal — the streaming-company equivalent of a customer. Stream commodity is cobalt (one of this dossier's scored materials); does not apply to Vale's iron-ore/nickel/copper/manganese/rare-earths lines.
Scope. This section is inverted evidence: each linked dossier wrote the original row about itself, describing its own relationship to this company. It is never a claim this company itself disclosed. Absence here is not evidence of no relationship — most of the corpus has no named-counterparty block at all yet.
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 coverage-limited.
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.