Investments

Fodere Critical Minerals

Fodere Critical Minerals is a UK-based critical minerals processing company developing proprietary technology to recover high-value minerals from industrial residues, mine tailings and complex feedstocks. Its patented processing technology is designed to recover products including titanium dioxide, vanadium pentoxide, niobium, alumina and rare earth elements, while potentially reducing waste, energy consumption and processing costs.

Fodere is advancing plans for a pre-commercial processing facility in Mississippi, USA, which is intended to demonstrate the technology at a commercially relevant scale and provide a platform for future expansion. The company is also pursuing potential US government funding and a proposed US$10–15 million pre-IPO financing ahead of a potential US listing.

Jangada Mines holds a 7.8% interest in Fodere, following an investment of approximately £1 million. The investment provides Jangada with exposure to the commercialisation and potential future value of Fodere’s critical minerals technology, while there is also potential strategic relevance to Jangada’s Pitombeiras vanadium titanomagnetite project, where Fodere’s processing technology has previously been evaluated.

Website: www.foderegroup.com

Axies Ventures Limited

Axies Ventures Limited (“Axies”) is a UK-registered mineral exploration and development company advancing a portfolio of prospective high-grade copper and copper-gold projects in Cyprus and Canada. The portfolio has progressed to a stage where Axies believes it could be ready for an IPO in Q4 2026, potentially providing a future liquidity event for its shareholders. Jangada Mines has invested a total of £150,000 in Axies through two investment tranches in 2022 and 2026 and currently holds a 4.4% equity interest in the company, providing Jangada with exposure to the advancement of its copper and gold portfolio and potential future IPO.

Website: www.axiesventures.com