$5.7B
USD
Market cap · 2026–07 · week 29
🇨🇦 Canada, Calgary
Country
Oil & Gas
Sector
Royalty · Senior · Balanced · Oil · Other · Canada
Last updated 21 June 2026
Data compiled from public filings — information only, not investment advice. AI‑assisted; see methodology.
Overview:
PrairieSky Royalty Ltd. is a senior oil and natural gas royalty company headquartered in Calgary, Canada, operating primarily across Western Canada. The portfolio comprises approximately 18.6 million acres of royalty lands, consisting of 9.9 million acres of Fee Lands with oil and natural gas rights, 8.4 million acres of Gross Overriding Royalty Lands, 0.3 million acres of Gross Royalty Trust Lands, and 9,500 acres of Crown Interest Lands. Key plays include the Duvernay, Clearwater, and Mannville heavy and light oil plays developed by third-party operators. The business model generates free cash flow and growth through indirect oil and natural gas investment, collecting royalty payments from third-party development without incurring operating costs, capital costs, environmental liabilities, or reclamation obligations. The non-operating structure is highly scalable, allowing a small team to manage an expansive land base. A defining competitive characteristic is the breadth of that land position, which diversifies exposure across many producers and plays throughout Western Canada. The business remains subject to commodity-price cycles and the operational performance and pace of development of third-party operators.
Strategy:
Strategic focus centers on the organic growth of royalty revenue, proactively monitoring and managing the portfolio, generating efficiencies, and selectively pursuing strategic business-development opportunities. The enterprise intends to encourage third parties to actively develop the royalty properties while seeking additional oil and natural gas royalty assets that offer medium- to long-term value-enhancement potential. Capital allocation is prioritized toward acquiring Crown Interest Lands that complement the fee-title land base and pursuing prospective farmout strategies that convert undeveloped acreage into producing royalty volumes. The organization secures additional leasing and royalty arrangements with lessees, working-interest owners, and operators across the royalty properties. Its capital-light structure allows it to grow royalty income without funding drilling or facilities, preserving high margins through commodity cycles. This combination of organic leasing, selective acquisitions, and active portfolio management underpins the company's free-cash-flow-focused model. The company's diversified land base across many plays reduces dependence on any single operator or commodity.
Management:
Executive leadership is headed by President and Chief Executive Officer Andrew M. Phillips, who has over 25 years of experience in the oil and natural gas industry, including founding Home Quarter Resources Ltd. The Board is chaired by Margaret A. McKenzie, who previously served as Vice-President, Finance and Chief Financial Officer of Range Royalty. The 8-member Board of Directors oversees corporate strategy through standing committees, including Audit, Governance and Compensation, and Reserves. All members of the Audit Committee are independent and financially literate, providing oversight of financial-reporting integrity and risk. The leadership team's deep royalty-sector experience supports the company's disciplined approach to leasing and acquisitions. Board oversight of reserves reflects the importance of accurate royalty-volume estimation to the company's valuation. This governance structure keeps capital discipline and portfolio management central to executive accountability. The leadership team's royalty-sector expertise and the board's reserves oversight support disciplined growth of royalty income. The board's committee structure supports oversight of financial reporting, governance, and reserves estimation.
Sustainability:
The organization's sustainability framework is guided by policies covering business conduct, human rights, and environment, climate change, health and safety, and it supports the Ten Principles of the United Nations Global Compact. ESG initiatives include issuing a large-scale lithium exploration lease in Saskatchewan and various helium leasing arrangements in Alberta, some of which have achieved commercial production, leveraging the company's land base for emerging resources. The company participates in the Meadowbrook Project, a carbon capture, utilization, and storage project designed to provide CO2 sequestration, which entered service in December 2025. The enterprise publishes an annual Sustainability Report and aligns its disclosure with the Task Force on Climate-related Financial Disclosures. These initiatives extend the company's royalty model into lower-carbon and critical-mineral opportunities while maintaining its capital-light structure. The land-based approach allows the company to support new-energy development without direct operational exposure. These initiatives leverage the company's land base for lower-carbon and critical-mineral opportunities without adding operating exposure.
Structure:
Corporate development has been shaped by several foundational royalty acquisitions, including the Encana royalty acquisition in 2014, the Range Royalty acquisition in December 2014, and the CNRL royalty acquisition in 2015, which together established the company's expansive land base. In January 2025, the company acquired fee lands, lessor interests, and gross overriding royalty interests in Central Alberta and Southeast Saskatchewan from a private company for $50.4 million, complementing its existing position. The corporate structure includes no material subsidiaries as of December 31, 2025, reflecting the simplicity of the royalty business. This lean structure allows the company to administer a large royalty portfolio with minimal corporate complexity. The disciplined, bolt-on acquisition approach continues to extend the land base in areas with active third-party development. These transactions reinforce the diversified, multi-play character of the company's royalty lands. The company's simple, subsidiary-free structure supports efficient administration of a large and diversified royalty portfolio. This bolt-on growth steadily extends the royalty land base in areas of active third-party development.
Hedge:
The company maintains a policy of not entering into any commodity-price or foreign-exchange hedges, consistent with its objective of providing shareholders with direct exposure to oil and natural gas prices through its royalty interests. As of December 31, 2025, no commodity, foreign-exchange, or interest-rate hedges were outstanding. Because the company bears no operating or capital costs and collects royalties based on third-party production at prevailing prices, its cash flows move directly with commodity prices and production volumes on the royalty lands. This unhedged posture preserves full price optionality for investors while keeping the corporate structure simple and capital-light.
Source:
PrairieSky Royalty Ltd. - Annual Information Form - 2025
Portfolio Aggregate · 1 project
Portfolio mode — asset rows are for context only; tab totals use the company aggregation.
PrairieSky Royalty - Total Company
Portfolio · Royalty
Canada, Western Canada (predominantly Alberta), Western Canadian Sedimentary Basin
Project information
As at 31 December 2025
Type:
Royalty
Type:
Royalty
Aggregation level:
Company portfolio
Aggregation level:
Company portfolio
Status:
Operating
Status:
Operating
Report standard:
Ni 51 101
Report standard:
Ni 51 101
Ownership %:
100
Ownership %:
100
Operator:
No
Operator:
No
Operator name:
Various third-party lessees and operators
Operator name:
Various third-party lessees and operators
Extraction:
Conventional Oil Gas
Extraction:
Conventional Oil Gas
Country:
Canada
Country:
Canada
Region:
Western Canada (predominantly Alberta)
Region:
Western Canada (predominantly Alberta)
Geological province:
Western Canadian Sedimentary Basin
Geological province:
Western Canadian Sedimentary Basin
Interest conditions:
Royalty interests: Lessor Interests on 9.9M acres of Fee Lands; GORR Interests on ~8.4M acres of GORR Lands; GRT Interests on ~0.3M acres; Crown Interest Lands ~9,500 acres. Royalty rates vary by interest type and contract. 2025: 62% revenue from Lessor + 38% from GORR.
Description
As at 31 December 2025
PrairieSky Royalty Ltd. (TSX: PSK) - Calgary-based pure-play royalty company. Holds royalty interests over approximately 18.6 million acres in Western Canada (largest royalty position by acreage). Three royalty structures: (1) Lessor Interests on 9.9M acres of Fee Lands (mineral title ownership), (2) GORR Interests on ~8.4M acres of GORR Lands (gross overriding royalties on Crown lands), (3) GRT Interests on ~0.3M acres (trust unit certificates). Plus 9,500 net acres of Crown Interest Lands. Company does NOT drill or hold working interests; receives royalty revenue from third-party operators. 2025 Royalty revenue $441.7M (Lessor 62% + GORR 38%). 70 FTE + 1 PTE employees at YE2025.
Portfolio Aggregate
As at 31 December 2025 · 2P
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Reserves & resources — detail
As at 31 December 2025
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Operating · 1 project
PSK - Crown Interest Lands
Asset
Canada, Alberta (predominantly), Western Canadian Sedimentary Basin
Oil Gas
Type
Operating
Status
🇨🇦 Canada, Alberta (predominantly) (Western Canadian Sedimentary Basin)
Country
Project information
As at 31 December 2025
Aggregation level:
Asset
Aggregation level:
Asset
Report standard:
Ni 51 101
Report standard:
Ni 51 101
Ownership %:
100
Ownership %:
100
Operator:
No
Operator:
No
Operator name:
Various
Operator name:
Various
Interest type:
Other
Interest type:
Other
Interest rate:
-
Interest rate:
-
Extraction:
Conventional Oil Gas
Extraction:
Conventional Oil Gas
Interest conditions:
-
Description
As at 31 December 2025
Approximately 9,500 acres of Crown Interest Lands predominantly in Alberta. Acquired to complement Fee Lands and build land positions in strategic areas for purposes of royalty interest transactions. Working interest acreage (unlike royalty interest acreage in the other PSK segments).
Oil & Gas metrics
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Oil & Gas inventory & footprint
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Royalty Operating · 3 projects
PSK - GRT Interests (Trust Lands)
Asset · Royalty
Canada, Western Canada, Western Canadian Sedimentary Basin
Project information
As at 31 December 2025
Type:
Royalty
Type:
Royalty
Aggregation level:
Asset
Aggregation level:
Asset
Status:
Operating
Status:
Operating
Report standard:
Ni 51 101
Report standard:
Ni 51 101
Ownership %:
100
Ownership %:
100
Operator:
No
Operator:
No
Operator name:
Various third-party working interest owners
Operator name:
Various third-party working interest owners
Extraction:
Conventional Oil Gas
Extraction:
Conventional Oil Gas
Country:
Canada
Country:
Canada
Region:
Western Canada
Region:
Western Canada
Geological province:
Western Canadian Sedimentary Basin
Geological province:
Western Canadian Sedimentary Basin
Interest conditions:
-
Description
As at 31 December 2025
Gross Royalty Trust (GRT) Interests on approximately 0.3 million acres of GRT Lands. Governed under trustee arrangements with financial institutions. Held via trust unit certificates issued by the financial institution to unitholders. Each trust unit represents a fractional ownership share of the lessor royalty percentage payable out of mines and minerals fee title interests when leases are granted.
Royalty interests
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PSK - GORR Interests (Crown Lands)
District · Royalty
Canada, Western Canada (predominantly Alberta), Western Canadian Sedimentary Basin
Project information
As at 31 December 2025
Type:
Royalty
Type:
Royalty
Aggregation level:
District / complex
Aggregation level:
District / complex
Status:
Operating
Status:
Operating
Report standard:
Ni 51 101
Report standard:
Ni 51 101
Ownership %:
100
Ownership %:
100
Operator:
No
Operator:
No
Operator name:
Various third-party working interest owners
Operator name:
Various third-party working interest owners
Extraction:
Conventional Oil Gas
Extraction:
Conventional Oil Gas
Country:
Canada
Country:
Canada
Region:
Western Canada (predominantly Alberta)
Region:
Western Canada (predominantly Alberta)
Geological province:
Western Canadian Sedimentary Basin
Geological province:
Western Canadian Sedimentary Basin
Interest conditions:
-
Description
As at 31 December 2025
Gross Overriding Royalty (GORR) Interests on ~8.4 million acres of GORR Lands - substantially all associated with Crown lands. Royalty interests granted via contractual arrangements with third parties: (a) farm-outs of working interest rights in exchange for retaining GORR; (b) capital contributions for GORR; (c) checkerboard arrangements with Crown acreage; (d) other contractual arrangements. 2025 Avg net production 11,191 BOE/d (5,480 oil + 27.9 MMcf/d gas + 1,061 NGL). 2025 royalty revenue $168.2M (38% of total).
Oil & Gas royalties
As at 31 December 2025
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PSK - Lessor Interests (Fee Lands)
District · Royalty
Canada, Western Canada (predominantly Alberta), Western Canadian Sedimentary Basin
Project information
As at 31 December 2025
Type:
Royalty
Type:
Royalty
Aggregation level:
District / complex
Aggregation level:
District / complex
Status:
Operating
Status:
Operating
Report standard:
Ni 51 101
Report standard:
Ni 51 101
Ownership %:
100
Ownership %:
100
Operator:
No
Operator:
No
Operator name:
Various third-party lessees
Operator name:
Various third-party lessees
Extraction:
Conventional Oil Gas
Extraction:
Conventional Oil Gas
Country:
Canada
Country:
Canada
Region:
Western Canada (predominantly Alberta)
Region:
Western Canada (predominantly Alberta)
Geological province:
Western Canadian Sedimentary Basin
Geological province:
Western Canadian Sedimentary Basin
Interest conditions:
-
Description
As at 31 December 2025
Lessor Interests in respect of producing wells located on ~9.9 million acres of Fee Lands. PSK has mineral title ownership and leases the Fee Lands to third-party operators who pay lessor royalties to PSK. 2025 Lessor Interests contributed 62% of total royalty revenue ($273.5M). Royalty revenue derived from liquids (94%) and natural gas (6%). 2025 Avg net production 14,664 BOE/d (8,460 oil + 28.6 MMcf/d gas + 1,437 NGL). Plus $7.4M lease rental income and $22.6M lease issuance bonus.
Oil & Gas royalties
As at 31 December 2025
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Assumptions
- The projects listed here reflect the information captured in this workspace and are not necessarily a complete picture of the company's portfolio. For authoritative figures, refer to the company's official filings.
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How to read this tab
- The tables below list unit codes most often used in the Oil & Gas sector for this company. MetalPilot stores contained metal or product in the codes below; grade and tonnage use separate fields. In side-by-side comparison views (stock page Portfolio tab, watchlist By sector), heterogeneous source units are converted to each commodity's preferred display unit (for example Moz Au, kt Cu, MMbbl oil) before summing; the same canonical codes appear in project data.
What the Portfolio tab shows
- The Portfolio tab presents a project-level view of the company's reported assets, built from publicly disclosed information (technical reports, annual filings, MD&A, investor presentations, MRMR / R&R statements, NI 43-101 / NI 51-101 / SEC S-K 1300 / SEC S-K 1200 / JORC / SAMREC / PERC / PRMS / COGEH filings, and similar primary sources).
- Figures are grouped by project type (mining, oil & gas, royalty, stream, processing facility, development, portfolio aggregate) and are shown alongside the headline reserve base, headline production, headline grade / quality, cost benchmarks, estimated lifetime, commercial terms (for royalties / streams), operational capacity (for processing) and a single-figure rating where the underlying data supports one.
- Each data table on the Portfolio tab is followed by ONE Assumptions footnote describing the modelling choices for that table; KPI stat-card assumptions appear in the bottom block instead. All legal and section disclaimers are merged into a single disclaimer list at the bottom of the Portfolio tab.
Concepts in your sector — Oil & gas
- 1P/2P/3P — cumulative uncertainty. 1P = Proved (≥90%); 2P = Proved+Probable (≥50%, primary non-SEC metric); 3P adds Possible (≥10%). SEC filers often publish 1P only.
- Contingent (1C/2C/3C) = discovered, sub-commercial. Prospective (1U/2U/3U) = undiscovered. Neither feeds economic models without further work.
- Developed vs Undeveloped: PDP (producing), PDNP (developed non-producing), PUD (undeveloped). Reserves walk PUD→PDP is reclassification, not new discovery.
- BOE uses 6 Mcf gas : 1 bbl oil (thermal, not economic). Some issuers use 5.8:1 — read footnotes.
- Pricing case: Forecast vs Constant (NI 51-101/PRMS) or SEC 12-month average. Do not add cases together.
Portfolio tab — table guide
- Portfolio KPIs — company-level headline numbers aggregated from the featured projects (project counts, attributable annual production by commodity, attributable resource base by commodity, last filing date, operator share). USD value lines multiply attributable volumes by the resolved snapshot price.
- Portfolio snapshot — one-screen summary of the portfolio: counts by type and status, country mix, reporting standards used, operator share, primary commodity, attributable annual production summary and attributable resource base summary.
- Oil & Gas — one row per O&G project (typically a field, licence, play or basin asset), with columns for location, status, primary hydrocarbons, production (with rating), reserves & resources (with rating), costs and estimated lifetime.
- Royalty — one row per royalty interest held by the company. Columns cover the underlying project, operator, commodity, commercial terms (rate, type, cap, area-of-interest), attributable production, attributable reserves and estimated lifetime.
- Stream — one row per metal stream held by the company. Each row shows the underlying project, the streamed commodity, the headline stream percentage, the ongoing per-ounce / per-tonne payment, and attributable production / reserves.
- Processing facilities — one row per midstream / processing facility (pipeline, fractionator, LNG train, storage cavern, refinery, smelter, mill, heap-leach pad, CPP, etc.). Columns include nameplate capacity, contracted capacity, feedstock commodities and operational footprint.
- Development — projects in development status or in a pre-production lifecycle phase. The production column is re-labelled 'Targeted production (rating)' to highlight that the figures are plans, not actuals.
- Portfolio Aggregate — a single company-level row used when the company itself publishes a portfolio rollup (e.g. company-wide 2P barrels across all properties).
- Reserves & resources — detail — a leaf-category pivot showing every reserve and resource category disclosed across the projects.
- Reserves walk — gross (disclosed) — year-by-year reconciliation of the opening balance to the closing balance, broken into Extensions & discoveries, Revisions, Improved recovery, Purchases, Divestitures, Production and Conversion to developed.
- Reserves walk — net change by year — per-year summary of net additions and net deductions across the portfolio.
- NPV (grouped) — all NPV rows captured from the filings, grouped by commodity, resource category, development status and pricing case. Each NPV figure is shown with its discount rate, basis (before-tax / after-tax), currency and value scale.
Ownership / Working interest
- Ownership percentage means the company's working-interest share of the asset: its slice of the project before royalties and before government take. It is shown on a 0–100 scale.
- Mines, oil and gas fields, and processing facilities — this is how much of the asset belongs to the company under that working-interest idea. One hundred percent is fully owned; a lower number usually means partners share the rest.
- Royalties and streaming agreements — the percentage is often not the story; what matters economically is usually the royalty or stream rate, shown elsewhere alongside these figures.
- Oil and gas — read this as gross working interest only. Do not treat it as net production or net wells after royalties; when filings distinguish gross from net, that shows up in how the resource numbers themselves are labelled.
- Below 100% — the short summary for each project names other owners and their stakes when the source says who they are.
- NRI vs WI (O&G). Working interest (WI) is the obligation to pay a share of costs; net revenue interest (NRI) is the share of revenue after royalties and overriding-royalty interests. A 100% WI well rarely produces 100% NRI; typical onshore U.S. NRI is 75–87.5% of WI depending on the lease royalty.
- Operator vs non-operator. The operator runs day-to-day operations; non-operating partners pay their WI share of costs but do not run the asset. Some Portfolio rows show operator share where disclosed.
Oil equivalent (BOE)
Oil equivalent (BOE)
-
See commodity documentation in the domain package.
Oil
Generic crude (undifferentiated)
WTI
Use West Texas Intermediate directly as a coarse benchmark when the filing does not split product quality.
Natural gas
Pipeline natural gas
Henry Hub
Henry Hub is the reference US benchmark for US pipeline gas; use it directly when the disclosure is Hub-indexed.
NGL
NGL barrel (mixed NGLs)
Mont Belvieu NGL basket vs WTI
NGL barrels often track a fraction of crude; order-of-magnitude context is commonly cited around two-fifths to three-fifths of WTI.
Shale gas
Gas from shale / tight reservoirs
Henry Hub plus regional basis
Regional hubs price as Henry Hub plus or minus basis; shale supply broke tight coupling to oil, so do not back-solve shale gas from WTI.
Light oil
Light sweet crude
WTI / Brent
WTI and Brent are often treated as roughly 1:1 for light sweet barrels when a single anchor is enough.
Heavy oil
Heavy sour crude
WCS vs WTI
Western Canadian Select–style heavy blends often trade on the order of $10–20/bbl below WTI when differentials are in a normal range.
Bitumen
Oil-sands bitumen blend
WCS vs WTI
Same broad idea as heavy oil: bitumen blends anchor to wide differentials versus light sweet benchmarks such as WTI.
Synthetic crude
Upgraded oil-sands synthetic crude (SCO)
SCO vs WTI
Synthetic crude typically tracks WTI within a few dollars — sometimes near par, sometimes a small premium or discount.
Condensate
Field condensate / diluent
US condensate vs WTI
Field condensate can trade below WTI; some multi-year averages have been in the high single-digit dollars per barrel under WTI.
Coal bed methane
Coalbed methane (CBM)
Regional hub vs Henry Hub
CBM is usually quoted off a regional benchmark versus Henry Hub; it is a distinct product stream from tight shale gas in many filings.
Hydrocarbon commodity — notes
- The Commodity column shows normalized labels; values are stored as snake_case CommodityCode strings in pkg/domain and project resource rows (for example shale_gas, oil_equivalent).
- Benchmarks and typical relationship cells are informal market context for reading disclosures — they are not MetalPilot price inputs.
Crude grade primer
- API gravity — lower = heavier. Light crude is ≥ 31.1° API (≤ 870 kg/m³); heavy is 22.3–31.1° API; extra-heavy is < 22.3°. Bitumen is ≤ 10° API.
- Sulphur — sweet vs sour. Sweet crude has ≤ 0.5% sulphur; sour > 0.5%. Refineries price the discount on sour crude into the differential.
- WTI vs Brent vs WCS. WTI (West Texas Intermediate, Cushing OK) is the U.S. light-sweet benchmark; Brent (North Sea) is the global light-sweet benchmark; WCS (Western Canadian Select) is the heavy/sour benchmark for Canadian production.
Unit codes, conversion cheat sheets, cost benchmarks (AISC, C1–C3), reporting standards (NI 43-101, JORC, SEC S-K 1300) and resource/reserve category definitions live in the full terminology & units reference.
Each table lists the numeric band for scores 1–5 (production and resource base; grade where applicable for mining commodities) using the same thresholds as project rating stat cards. Only commodities that appear on featured projects for this document are listed.
Oil equivalent (BOE)
1 / 5
0–0.5 MMboe/yr
0–5 MMboe
2 / 5
0.5–5 MMboe/yr
5–25 MMboe
3 / 5
5–20 MMboe/yr
25–100 MMboe
4 / 5
20–75 MMboe/yr
100–500 MMboe
5 / 5
≥ 75 MMboe/yr
≥ 500 MMboe
Oil
1 / 5
0–0.5 MMbbl/yr
0–5 MMbbl
2 / 5
0.5–5 MMbbl/yr
5–25 MMbbl
3 / 5
5–20 MMbbl/yr
25–100 MMbbl
4 / 5
20–75 MMbbl/yr
100–500 MMbbl
5 / 5
≥ 75 MMbbl/yr
≥ 500 MMbbl
Natural gas
1 / 5
0–4 Bcf/yr
0–50 Bcf
2 / 5
4–20 Bcf/yr
50–500 Bcf
3 / 5
20–75 Bcf/yr
500–2000 Bcf
4 / 5
75–180 Bcf/yr
2000–10000 Bcf
5 / 5
≥ 180 Bcf/yr
≥ 10000 Bcf
NGL
1 / 5
0–0.1 MMbbl/yr
0–2 MMbbl
2 / 5
0.1–0.5 MMbbl/yr
2–10 MMbbl
3 / 5
0.5–2 MMbbl/yr
10–25 MMbbl
4 / 5
2–5 MMbbl/yr
25–100 MMbbl
5 / 5
≥ 5 MMbbl/yr
≥ 100 MMbbl
Shale gas
1 / 5
0–4 Bcf/yr
0–50 Bcf
2 / 5
4–20 Bcf/yr
50–500 Bcf
3 / 5
20–75 Bcf/yr
500–2000 Bcf
4 / 5
75–180 Bcf/yr
2000–10000 Bcf
5 / 5
≥ 180 Bcf/yr
≥ 10000 Bcf
Light oil
1 / 5
0–0.5 MMbbl/yr
0–5 MMbbl
2 / 5
0.5–5 MMbbl/yr
5–25 MMbbl
3 / 5
5–20 MMbbl/yr
25–100 MMbbl
4 / 5
20–75 MMbbl/yr
100–500 MMbbl
5 / 5
≥ 75 MMbbl/yr
≥ 500 MMbbl
Heavy oil
1 / 5
0–0.5 MMbbl/yr
0–5 MMbbl
2 / 5
0.5–5 MMbbl/yr
5–25 MMbbl
3 / 5
5–20 MMbbl/yr
25–100 MMbbl
4 / 5
20–75 MMbbl/yr
100–500 MMbbl
5 / 5
≥ 75 MMbbl/yr
≥ 500 MMbbl
Bitumen
1 / 5
0–0.5 MMbbl/yr
0–5 MMbbl
2 / 5
0.5–5 MMbbl/yr
5–25 MMbbl
3 / 5
5–20 MMbbl/yr
25–100 MMbbl
4 / 5
20–75 MMbbl/yr
100–500 MMbbl
5 / 5
≥ 75 MMbbl/yr
≥ 500 MMbbl
Copper uses kt Cu bands (Mlb Cu when lb-scale copper resources appear on featured projects). Lithium grade uses hard-rock % Li₂O bands unless brine-style extraction or brine units appear on featured projects.
Assumptions
- Presented values are denominated in currency of the country where the company is headquartered. Values like market capitalization might differ from the values visible in other parts of the page, where the currency is always USD.
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