Wyloo Metals
Wyloo Metals is a private critical minerals investment vehicle owned by Andrew Forrest's Tattarang, building an integrated portfolio of nickel, rare earths, and antimony assets across Australia and Canada to supply Western-aligned EV and battery manufacturers.
- Company typePrivate
- Founded2015
- HeadquartersPerth, Australia
- Headcount251–500
- GTM typeB2B
- OfferingHardware or Manufacturing
What Wyloo Metals does
Wyloo Metals is a privately held mining and critical minerals investment vehicle headquartered in Perth, Australia, operating as a wholly-owned subsidiary of Andrew Forrest's family investment office Tattarang. The company has pursued an aggressive acquisition-led strategy to assemble an integrated portfolio spanning nickel, rare earths, and antimony assets, targeting supply to Western-aligned EV and battery manufacturers seeking diversification away from China-dominated mineral supply chains. Its core activities include integrated nickel production through the Mincor Resources subsidiary acquired in July 2023, mineral rights in Ontario's Ring of Fire via the April 2022 take-private of Noront Resources (targeting nickel, copper, chromite, and platinum group elements), and a 60% stake in Western Australia's Yangibana rare earths project secured through a debt-for-equity swap with Hastings Technology Metals in February 2025.
The company's technology footprint is defined by mining and mineral processing operations across Australian and Canadian jurisdictions, supplemented by a newly acquired hydrometallurgical mixed rare earth chloride production facility in Thailand and a non-binding partnership with Ucore Rare Metals to integrate North American mid-stream processing. Exploration interests include the Pilbara antimony project operated in partnership with Novo Resources. Revenue mechanics are not publicly disclosed; the business generates income through hardware sales of mined and processed mineral products sold via direct B2B negotiated long-term supply contracts with EV manufacturers and battery producers. Pricing is private and contract-based rather than market-listed. With 251-500 employees across operations in Australia, Canada, and Thailand, Wyloo is positioned as a vertically integrated critical minerals platform whose near-term revenue is anchored in Australian nickel while its longer-term optionality sits in rare earths and Canadian polymetallic assets.
Wyloo Metals firmographics
Firmographics- Name
- Wyloo Metals
- Legal name
- Wyloo Metals
- Website
- https://wyloometals.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Wyloo Metals is a private critical minerals investment vehicle owned by Andrew Forrest's Tattarang, building an integrated portfolio of nickel, rare earths, and antimony assets across Australia and Canada to supply Western-aligned EV and battery manufacturers.
- Ownership category
- akta.pro rank
Wyloo Metals industry classification
Industry- Product category
- Critical Minerals Mining
- NAICS
- Copper, Nickel, Lead, and Zinc Mining (212230), Nonferrous Metal (except Aluminum) Smelting and Refining (33141)
- SIC
- Metal Mining (1000), Primary Smelting & Refining Of Nonferrous Metals (3330)
- akta.pro primary industry
- Nickel Mining & Concentrates (IMAKAFAB)
- akta.pro secondary industries
- Rare Earths Mining & Concentrates (REE Ores) (IMAKAFAG), Exploration & Resource Development (Critical Minerals) (IMAKAFAL), Copper Ore Mining (Open-Pit & Underground) (IMAKADAB)
Keywords
Where Wyloo Metals is headquartered
LocationHeadquarters
- HQ city
- Perth
- HQ country
- Australia
- HQ region
- Oceania
Markets served
Wyloo Metals business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Others
Revenue model
- Nickel Production and Sales: Wyloo generates revenue through integrated nickel production from Australian and Canadian assets, selling to EV and battery manufacturers. The acquisition of Mincor Resources transforms Wyloo into an integrated nickel producer.
- Rare Earths Project Operations: Wyloo holds a 60% stake in the Yangibana rare earths project and is involved in processing operations through its partnership with Hastings Technology Metals. Revenue generated from rare earth concentrate production and processing.
- Antimony and Gold Exploration: Wyloo Antimony Project in Pilbara, Western Australia, operated in partnership with Novo Resources. Revenue potential from polymetallic vein arrays containing antimony and gold mineralization.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Wyloo Metals product offering
Product offeringCore offering
Wyloo Metals is a private investment vehicle focused on acquiring, developing, and operating critical minerals mining assets. The company produces and sells nickel from integrated Australian and Canadian operations, holds a 60% stake in the Yangibana rare earths project in Western Australia, and is involved in antimony and gold exploration in the Pilbara region. Its activities target the supply of nickel, rare earths, and other critical minerals needed for electric vehicle batteries, clean energy technologies, and Western-aligned supply chains outside of China-dominated markets.
Product overview
Wyloo Metals is a private investment vehicle focused on the mining and critical minerals sector, not a technology product company. Its business activities include nickel production through Australian and Canadian assets, rare earths projects such as the Yangibana project in Western Australia, and antimony exploration projects. The company operates through acquisitions and investments in mining assets rather than producing software products or technology platforms.
Differentiator
Problem solved
Functional benefit
Products and services
- Integrated Nickel Production Integrated production and sale of nickel from mining assets in Australia (via Mincor Resources) and Canada (via Noront Resources Ring of Fire project). Nickel concentrate and finished product is sold to EV manufacturers and battery producers for clean energy and battery applications.
- Yangibana Rare Earths Project
Quantifiable outcome
- Transformation into integrated nickel producer with Australian and Canadian assets
Companies that use Wyloo Metals
Customer profileSegments1 record
Ideal customer profiles2 records
Wyloo Metals technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Wyloo Metals partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered major and core.
- Novo ResourcesmajorNovo Resources has commenced drilling at the Wyloo Antimony Project in the Pilbara region of Western Australia. Wyloo is associated with this project through its critical minerals investment focus, with Novo leading exploration operations on the polymetallic vein arrays.
- Ucore Rare MetalsmajorWyloo and Hastings entered a non-binding Heads of Agreement with Ucore Rare Metals to establish a long-term supply chain for Yangibana rare earth concentrate. The agreement links Australian feedstock with US mid-stream processing capabilities, supporting North American critical mineral supply chains.
- Hastings Technology MetalscoreWyloo gained control of the Yangibana rare earths project in February 2025 through a debt-for-equity swap with co-owner Hastings Technology Metals. Wyloo holds 60% stake. The partnership involves collaborative rare earth processing operations and supply chain development for Western-aligned supply chains.
- Mincor ResourcescoreWyloo completed an on-market takeover of Mincor Resources in July 2023, acquiring over 90% of shares and proceeding to compulsory acquisition. This acquisition transforms Wyloo into an integrated nickel producer with assets in Australia and Canada.
- Noront ResourcescoreWyloo Metals agreed to acquire Noront Resources in 2021, completing the take-private transaction in April 2022. Noront holds the Ring of Fire mining project in Ontario, a strategic critical minerals development targeting nickel, copper, chromite, and platinum group elements.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
Wyloo Metals competitors and assessment
Company assessmentEmerging players
- Ucore Rare Metals: North American mid-stream rare earth processor with which Wyloo/Hastings signed a non-binding supply agreement for Yangibana concentrate; a downstream counterpart and emerging Western-aligned player.
- Pilbara Minerals: Australian critical minerals (lithium/tantalum) producer focused on battery supply chains; comparable as a Western-listed Australian critical mineral producer targeting EV end markets.
Broad incumbents
- First Quantum Minerals: Major copper and nickel miner with global operations including project development experience in challenging jurisdictions; relevant broad incumbent for Wyloo's copper/nickel ambitions at Ring of Fire.
- Glencore: Diversified miner with substantial nickel and copper operations globally, providing a comparator for project economics, marketing reach, and integrated trading-to-production models.
- BHP Group: Operates the Nickel West business in Western Australia alongside copper and other battery-commodity exposure, making BHP the closest broad incumbent competing in the same domestic nickel value chain as Wyloo/Mincor.
- Vale SA: One of the world's largest nickel producers with Canadian (Sudbury) operations overlapping Wyloo's Canadian footprint; provides scale benchmark for integrated nickel producers.
Direct peers
- Eramet: French mining group with major nickel and battery materials operations, including a non-China integrated value chain — relevant peer for Western-aligned nickel and battery mineral supply.
- IGO Limited: Australia's largest independent nickel producer with downstream battery materials ambitions, comparable to Wyloo's integrated Australian nickel focus and battery supply chain positioning.
- Hastings Technology Metals: Co-owner and operator of the Yangibana rare earths project in which Wyloo holds 60%; direct peer as a Western-aligned rare earth developer pursuing the same NdPr supply opportunity.
- Lynas Rare Earths: Australia's leading rare earth producer with integrated mine-to-oxide processing; directly comparable to Wyloo's downstream rare earth processing strategy exemplified by the Yangibana project and Thailand acquisition.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Wyloo Metals social profiles
Digital presenceWyloo Metals financial estimates
Financial estimateRevenue estimate
Valuation estimate
Wyloo Metals leadership team
Management profileNumber of profiles
Wyloo Metals subsidiaries and ownership
Company hierarchySubsidiaries2 records
Wyloo Metals funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Wyloo Metals M&A and investment
M&A and investmentM&A2 records
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Wyloo Metals
What does Wyloo Metals do?
Wyloo Metals is a private investment vehicle focused on acquiring, developing, and operating critical minerals mining assets. The company produces and sells nickel from integrated Australian and Canadian operations, holds a 60% stake in the Yangibana rare earths project in Western Australia, and is involved in antimony and gold exploration in the Pilbara region. Its activities target the supply of nickel, rare earths, and other critical minerals needed for electric vehicle batteries, clean energy technologies, and Western-aligned supply chains outside of China-dominated markets.
Is Wyloo Metals a public or private company?
Wyloo Metals is a private company. It is classified as corporate owned and is currently operating.
When was Wyloo Metals founded?
Wyloo Metals was founded in 2015. It employs 251 to 500 people.
Where is Wyloo Metals based?
Wyloo Metals is headquartered in Perth, Australia, in the Oceania region.
How does Wyloo Metals make money?
Three revenue lines are on record. Nickel Production and Sales are the primary driver. The others are rare Earths Project Operations and antimony and Gold Exploration.
Who are Wyloo Metals's main competitors?
Emerging players on record are Ucore Rare Metals and Pilbara Minerals. Broad incumbents are First Quantum Minerals, Glencore, BHP Group and Vale SA. Direct peers are Eramet, IGO Limited, Hastings Technology Metals and Lynas Rare Earths.
Does Wyloo Metals have an API?
No public API is recorded for Wyloo Metals.
What industry is Wyloo Metals in?
Wyloo Metals's product category is Critical Minerals Mining. Its primary akta.pro industry code is IMAKAFAB, Nickel Mining & Concentrates, with a secondary code of IMAKAFAG, Rare Earths Mining & Concentrates (REE Ores). Its NAICS code is 212230 and its SIC code is 1000.