Altius Minerals Corporation operates primarily through three segments: Mineral Royalties, Renewable Royalties, and Project Generation. Its mineral royalty portfolio includes interests in 11 operating mines across Canada, the United States, and Brazil, providing exposure to base and battery metals, potash, and high-purity iron ore. Through its renewable energy segment, the company provides capital to renewable energy developers in exchange for royalties on wind and solar projects. The project generation business focuses on acquiring and advancing early-stage exploration properties, which are subsequently vended to junior mining companies in exchange for equity stakes and retained royalty interests. This diversified approach allows Altius to participate in commodity production and the transition to renewable energy without incurring direct capital or operating costs.
