Tribeca Investment Partners Invests in Allied Critical Metals

U.S. Department of War Completes Strategic Equity Investment in Trilogy Metals

September 11, 2026

Industrial Services

The U.S. Department of War completed an approximately US$35.6 million strategic equity investment involving Trilogy Metals and South32, making the U.S. Government an approximately 10% shareholder of Trilogy. Trilogy and South32 committed the proceeds to Ambler Metals for exploration and development of the Upper Kobuk Mineral Projects in Alaska, supporting domestic copper supply.

Teck Resources, Canada Growth Fund and Canada Critical Minerals Accelerator sign Strategic Investment Agreement for Trail smelter expansion

July 7, 2026

Industrial Services

Teck Resources Limited, Canada Growth Fund Inc. (CGF), and Natural Resources Canada’s Canada Critical Minerals Accelerator have signed a Strategic Investment Agreement to support expanding production capacity for germanium, gallium, and antimony at Teck’s Trail Operations smelting and refining complex in British Columbia. The agreement provides a framework for CGF to invest up to C$400 million into the facility, alongside up to C$850 million of potential total investment by Teck, and includes an offtake structure with the Government of Canada for a portion of future output.

Critical Metals to Acquire European Lithium

April 28, 2026

Energy

Critical Metals proposed an all-share acquisition of European Lithium, initially announcing a letter of intent on April 27 and subsequently reporting a definitive agreement on May 18, 2026. The proposed deal would consolidate European Lithium’s 7.5% interest in the Tanbreez Rare Earth Project and add its cash and marketable securities to Critical Metals’ balance sheet; the available sources do not report that the transaction has closed.

Allied Industrial Partners Makes Majority Investment in Trinity Industrial

April 7, 2026

Industrial Services

Allied Industrial Partners LLC (“Allied”) announced a majority investment in Trinity Industrial (“Trinity”), a Gulf Coast equipment rental and specialty services platform serving industrial, utility, and energy infrastructure customers. The founders (Jonathan and Patrick Foreman) and other senior management will continue to lead the company and retain meaningful ownership alongside Allied. Financial terms were not disclosed.

NIU Invest Acquires Majority Stake in Critical Metals PLC

August 14, 2025

Energy

NIU Invest SE, led by Cevdet Caner, completed a subscription for 61,402,390 new ordinary shares in Critical Metals PLC, taking a 60.34% majority stake. Critical Metals holds a 70% interest in the Molulu cobalt and copper project near Lubumbashi in the Democratic Republic of Congo; NIU said it will develop the project and expand its mining portfolio across multiple regions.

Venture Metals+ Acquires Thalheimer Brothers and Mega Metals

January 13, 2025

Industrial Services

Venture Metals+, a portfolio company of Mill Rock Capital, has acquired Thalheimer Brothers LLC (Philadelphia, PA) and Mega Metals LLC (Phoenix, AZ). The add-on deal expands Venture Metals' non-ferrous and titanium recycling capabilities, increases processing capacity and extends the platform's geographic reach across the U.S. and Asia.