The Work Index by Flexa

TechMet Ltd

TechMet Ltd is a permanent capital vehicle investing across the whole technology metal value chain, focused on building an ethical and Western-aligned supply of key metals for the clean energy transition.

5.5

/10

Transparency ranking

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Description

TechMet Ltd is a global investment firm focused on the production, processing, and recycling of technology metals, which are critical components in clean energy and electric vehicle technologies. Their mission is to create a Western-aligned champion in the technology metals industry with significant control over production, securing ethical and sustainable sources of these vital resources. TechMet operates through direct investments in companies and assets across the entire value chain, from upstream extraction to downstream battery manufacturing and recycling.

TechMet distinguishes itself by its commitment to permanent capital, which allows for long-term strategic investment beyond short-term market cycles. They also benefit from US government backing, with the US International Development Finance Corporation (DFC) being a significant shareholder. TechMet's approach aligns with broader US policy goals to counter China's dominance in critical minerals. They also prioritize sustainability and ethical sourcing practices, working with portfolio companies to improve their ESG performance throughout the investment lifecycle.

Mission

TechMet Ltd is committed to securing a Western-aligned supply chain for critical minerals, focusing on the production, processing, and recycling of technology metals essential for clean energy and electric vehicle technologies. Their mission is to become a leading force in the technology metals sector by strategically controlling significant production of these key minerals, ensuring a sustainable and ethical source for the 21st-century global economy.

Disruptor
Environmental impact driven
Sustainability

Culture

TechMet Ltd promotes a culture of sustainability and ethical practices, emphasizing responsible sourcing and production of technology metals. The company emphasizes long-term thinking and collaboration with its portfolio companies to ensure high ESG standards across the value chain. TechMet prioritizes innovation and seeks to build a resilient and responsible supply chain, attracting individuals passionate about the clean energy transition and committed to making a positive impact.

DE&I

TechMet prioritizes diversity, equity, and inclusion (DE&I) in its operations, viewing it as integral to its success. They emphasize responsible investment practices, working closely with portfolio companies to enhance their ESG performance. TechMet aligns itself with the International Finance Corporation's Performance Standards on Social and Environmental Sustainability, requiring its portfolio companies to apply these standards to their own operations, fostering a culture of ethical business practices.

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