Mining equities.A longer view.

Specialist mining equity investment for pension funds, endowments and sovereign wealth funds.

Discuss an allocation
Illustrative aerial view of terraced mineral workings and mountain terrain
For professional investors only. This is not an offer or solicitation.AI-generated illustrative landscape

For capital with
a long-term purpose.

Pension funds
University endowments
Sovereign wealth funds

The world needs resources.
Good projects need capital.

Liberate brings these two needs together through a focused mining equity strategy.

Behind energy systems, infrastructure and advanced technology are physical materials. Delivering new supply takes time, technical understanding and patient capital.

Our focus is the funding gap: resource projects with long-term potential that need capital to move forward. We look beyond the commodity price to the business, its economics and its path to production.

Explore our investment focus
Understand the resource
Technical understanding of geology, processing and the uses that underpin demand.
Examine the opportunity
Project economics, financing requirements and the conditions needed to reach production.
Keep a portfolio perspective
Consider position sizing, liquidity and exposure across resources, jurisdictions and market cycles.

Different materials.
Distinct investment drivers.

A specialist lens on the materials behind the real economy. Explore seven materials in the investment universe.

Tungsten rods with deposited crystals and a cube
Photo: Alchemist-hp · Free Art License
Resized / converted for Liberate

Tungsten

Tungsten supports industrial processes where hardness and heat resistance matter, from cutting tools to furnace components.

Demand lens
Cutting and drilling tools, metalworking and high-temperature equipment.
Investment lens
Ore quality, processing requirements and the cost of bringing supply to market.
Electrolytically refined manganese chips and a cube
Photo: Alchemist-hp · Free Art License
Resized / converted for Liberate

Manganese

Manganese helps strengthen steel and improve its resistance to wear, linking demand to infrastructure and industrial production.

Demand lens
Steelmaking, wear-resistant components and industrial alloys.
Investment lens
Ore quality, processing costs and exposure to industrial demand cycles.
Crystalline molybdenum fragment and a cube
Photo: Alchemist-hp · Free Art License
Resized / converted for Liberate

Molybdenum

Molybdenum improves the strength and corrosion resistance of alloys used in demanding industrial environments.

Demand lens
Specialist steels, engine components and industrial catalysts.
Investment lens
Recovery rates, production costs and the economics of primary and by-product supply.
Polycrystalline germanium specimen
Photo: Jurii · CC BY 3.0
Resized / converted for Liberate

Germanium

Germanium serves specialist optical and electronic applications, including systems that transmit infrared light.

Demand lens
Infrared optics, semiconductors and specialist optical materials.
Investment lens
By-product recovery, refining capability and the quality requirements of end markets.
Zirconium crystal bars and a cube
Photo: Alchemist-hp · Free Art License
Resized / converted for Liberate

Zirconium

Zirconium metal is used in nuclear and chemical equipment, while its compounds support durable, heat-resistant ceramics.

Demand lens
Nuclear reactor components, chemical equipment and advanced ceramics.
Investment lens
Processing capability, product purity and the economics of serving distinct end markets.
Uranium-bearing mineral specimen

Uranium

Nuclear generation depends on a continuing supply of fuel throughout a power plant’s operating life.

Demand lens
Nuclear fuel requirements and energy security.
Investment lens
Supply availability, project development and the economics of production.
Gold mineral specimen

Gold

Gold brings a different set of demand drivers, spanning investment, jewellery and specialist industrial uses.

Demand lens
Monetary demand, jewellery and electronics.
Investment lens
Operating costs, capital discipline and sensitivity to the gold price.

Selected areas of focus, not a statement of current holdings. Each material has distinct supply, processing and end-market considerations.

Tim Keevil, founder of Liberate

A scientist’s insight.
An investor’s discipline.

Tim Keevil Founder, Liberate

Tim brings 13 years of institutional portfolio management in London. At Fukoku Life International UK, he served as Senior Fund Manager and ESG Research Manager, with a focus on European equities in energy and natural resources.

His MBA complements a chemistry degree from the University of Bristol and sustainable finance training through Cambridge’s Institute for Sustainability Leadership. Investing in mining since 2011, he brings experience in stock selection, supply and demand analysis, and portfolio risk. He founded Liberate in 2020 to connect resource projects with long-term capital.

MBA
Master of Business Administration
University of Cambridge
Sustainable Finance course
Institute for Sustainability Leadership
University of Bristol
Chemistry degree

A conversation grounded
in your mandate.

Start with the questions that matter to your investment committee.

Portfolio fit

Your objectives, investment horizon and the role a specialist mining equity allocation could play.

Strategy & risk

The investment thesis, resource exposure, project selection and the risks that require scrutiny.

Fund due diligence

Request the available materials and discuss structure, terms, liquidity and investor eligibility.

Discuss an allocation

Before we speak.

What is Liberate’s investment focus?

Liberate focuses on listed mining equities and the financing needs of resource development. The strategy considers the relationship between project quality, access to capital and demand for new mineral supply.

Who is the strategy intended for?

The strategy is intended for professional institutional investors, including U.S. pension funds, university endowments and sovereign wealth funds. Access depends on investor eligibility and applicable jurisdictional requirements.

What risks should an allocator consider?

Mining equities carry commodity price, operational, financing, liquidity, currency and political risks. Development projects can face delays and cost overruns. Investment values can fall and capital is at risk; neither returns nor diversification benefits are guaranteed.

How can I review the strategy and fund terms?

Contact Tim Keevil at tim@liberate.uk.com to discuss your mandate and request the available strategy and due diligence materials. Confirm fund structure, eligibility, service providers, fees, minimum investment and liquidity directly before making an investment decision.

Let’s take
the longer view.

Tell us a little about your institution and what you would like to explore.

tim@liberate.uk.com

Connect with Tim KeevilFounder, Liberate