Mining Stock Daily Elemental Royalty's Digital Alchemy During a Landmark 2026
Mar 6, 2026
Fred Bell, COO of Elemental Royalty, a mining finance executive steering royalty growth. He outlines NASDAQ listing and a $200M credit boost. He discusses Chapi’s first copper production and Hudbay’s de-risking of Cactus. He covers rapid royalty generation with partners like Rio Tinto and BHP. He explains a novel dividend choice letting shareholders receive yield in cash or Tether Gold (XAUT).
AI Snips
Chapters
Transcript
Episode notes
Merger Accelerated Scale And Capability
- Elemental Royalty scaled quickly after the merger, gaining a $200M credit facility and roughly $65M cash to expand conversations and options.
- Fred Bell said the larger balance sheet and team let the company move orders of magnitude faster and manage multiple initiatives in parallel.
Chapi First Production Adds Near Term Revenue
- Chapi has reached first production and will begin contributing revenue this quarter, providing near-term cash flow for Elemental.
- The project is a private operator led by experienced managers (former Antamina GM) targeting scale from initial copper cathode output toward higher annual tons.
Royalty Generation Attracted Tier One Partners
- Elemental's royalty generation team quickly attracted tier-one partners including Rio Tinto, BHP, First Quantum and Implats.
- Fred Bell noted the pace and quality of counterparties outstripped typical prospect generators in under six months.