Arcadia Minerals Limited

What Arcadia Minerals Limited does

Arcadia Minerals Limited (ASX: AM7) is a Namibia-focused, pre-revenue mineral exploration company listed on the Australian Securities Exchange in June 2021 after raising AUD 6.4 million via IPO. The company is a diversified explorer targeting battery and critical metals across four Exclusive Prospecting License (EPL) holdings in Namibia: the advanced Swanson Tantalum Project (15 pegmatites averaging +420ppm Ta, Karas Region), the Bitterwasser Lithium-in-Brines and Lithium-in-Clays Project (343,894 ha in Hardap Region), the Kum-Kum Nickel-Copper-PGE Project (78,761 ha in southern Namibia), and the Karibib Copper-Gold Project (40,986 ha in Erongo District). Operations are conducted through three Namibian-registered subsidiaries — Orange River Pegmatite (Pty) Ltd (Swanson and Kum-Kum), Brines Mining Exploration (Pty) Ltd (Bitterwasser), and Goas Pegmatite Exploration (Pty) Ltd (Karibib) — with the company's Australian registered office in Victoria Park, WA serviced by corporate-services provider Onyx Corporate.

Exploration methodology is industry-standard: drilling, geochemical sampling, geophysical surveys (EM), and metallurgical test work, with no proprietary processing technology disclosed. Historical drill intercepts and modern surface/channel samples have returned encouraging grades, including 0.21–0.58% Ni and 0.30–0.50% Cu at Kum-Kum, 4.62% Ni and 6.3% Cu in surface samples at Kum-Kum, 2.4% Cu / 17.23 g/t Ag / 1.25 g/t Au in Karibib rock-chips, and 2.72% Cu / 56.7 g/t Ag / 0.45 g/t Au in Karibib channels. The company positions Swanson as the portfolio's most advanced asset and potential early cash-flow generator, while Bitterwasser is positioned as a district-scale lithium play analogous to the Lithium Triangle and Clayton Valley.

The business model is capital-intensive exploration funded primarily through equity issuance on the ASX. Arcadia has no current product revenue, no pricing model, and no contracted customers. Go-to-market consists of ASX announcements, investor presentations, conference participation (Mines and Money, Mining Indaba), and digital channels (LinkedIn, Twitter, YouTube, newsletter) targeted at institutional and retail mining investors seeking exposure to African battery metals. The cornerstone shareholder is Raubex Group Limited (JSE-listed), whose subsidiary SPH Kundalila provides mining-services alignment; founder/shareholder Jurie Wessels serves as Executive Chairman with a board and management team of seven across South Africa, Namibia, and Australia. The company is essentially an equity-funded optionality vehicle on four Namibian exploration assets, with current market capitalization of approximately AUD 5.3 million reflecting the high-risk, early-stage nature of the portfolio.

Name

Arcadia Minerals Limited

Legal name

Arcadia Minerals Limited

Website

https://arcadiaminerals.global

Company type

Public

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

Arcadia Minerals Limited (ASX: AM7) is a Namibia-focused, pre-revenue diversified mineral exploration company targeting battery and critical metals — tantalum, lithium, nickel, copper, PGE, and gold — across four Exclusive Prospecting License projects, funded primarily via equity capital raised since its 2021 IPO.

Ownership category

akta.pro rank

Product category

Mineral Exploration

NAICS

Metal Ore Mining (2122), Other Nonmetallic Mineral Mining and Quarrying (212390)

SIC

Metal Mining (1000), Miscellaneous Metal Ores (1090)

akta.pro primary industry

Exploration & Resource Development (Critical Minerals) (IMAKAFAL)

akta.pro secondary industry

Mineral Exploration & Geoscience Services (Geology, Geophysics, Geochemistry, Resource Modeling) (IMAKAKAA)

Keywords

• Mineral exploration services
• Battery metals exploration
• Lithium exploration
• Tantalum mining
• Nickel copper exploration

Headquarters

HQ city

Victoria Park, WA

HQ country

Australia

HQ region

Oceania

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Others

Revenue model

1. Exploration Stage - No Current Revenue: Arcadia Minerals is a pre-revenue exploration company. The company is focused on advancing exploration programs across its project portfolio to define JORC-compliant mineral resources. Revenue generation is contingent on successful exploration outcomes leading to development decisions and eventual production.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels8 records

Core offering

Arcadia Minerals Limited is a Namibia-focused diversified mineral exploration company that identifies, acquires, explores, and develops battery and critical metals projects. The company holds interests in four exploration projects targeting tantalum, lithium, nickel, copper, platinum-group elements (PGE), and gold, and is currently focused on early-stage and advanced-stage exploration activities in southern Namibia.

Product overview

Arcadia Minerals Limited is a Namibia-focused diversified mineral exploration company primarily concentrated on battery metals. The company operates four distinct exploration projects: the advanced Swanson Tantalite Project (tantalum and lithium), the Kum-Kum Nickel & PGE Project (nickel, copper, platinum group elements), the Karibib Copper & Gold Project (copper and gold), and the Bitterwasser Lithium Brines & Lithium Project (lithium brines and clays). These projects collectively target battery metals essential for electromobility and energy storage applications, with the portfolio structured to potentially deliver early cash flows from Swanson while advancing higher-risk/higher-reward exploration targets.

Differentiator

Problem solved

Functional benefit

Products and services

• Swanson Tantalite Project Advanced-stage tantalum exploration project located in southern Namibia, comprising multiple drill-ready and mining-right-ready targets intended to supply tantalum-bearing minerals to industrial buyers in the electronics and capacitor sectors.
• Kum-Kum Nickel & PGE Project Early-stage exploration project targeting nickel and platinum-group elements (PGE) mineralization in southern Namibia, intended to deliver battery-grade nickel and PGE concentrates to industrial off-takers.
• Karibib Copper & Gold Project Early-stage copper and gold exploration project located in central Namibia, intended to deliver copper concentrates and gold doré to smelters, refiners, and industrial mineral buyers.
• Bitterwasser Lithium Brines & Lithium Project Early-stage lithium exploration project located in southern Namibia targeting both lithium-in-brines and lithium-in-clays, intended to supply lithium carbonate or lithium hydroxide feedstock to battery cell manufacturers and EV supply-chain buyers.

Quantifiable outcome

• 15 pegmatites identified at Swanson with +420ppm average grade
• +3 more outcomes

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• SPH Kundalila (Pty) LtdminorImplementation/ SI/ Consulting PartnerA leading mining services provider and wholly owned subsidiary of Raubex Group Limited. Johan le Roux serves as Business Development Manager of SPH Kundalila and is a non-executive director of Arcadia Minerals.

Scale indicators10 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Andrada Mining Limited: Andrada Mining (formerly AfriTin Mining) is an AIM-listed tin and tantalum producer with lithium exploration interests in Namibia. It is the closest operational peer to Arcadia's Swanson tantalum and lithium asset, operating in the same country and targeting similar pegmatite-hosted critical minerals.
• Savannah Resources Plc: Savannah Resources is an AIM-listed diversified critical-minerals developer with lithium projects in Portugal and Mozambique. It is a comparable European-listed junior pursuing battery-metals resources in Africa.
• Kodal Minerals Plc: Kodal Minerals is an AIM-listed lithium and gold explorer with its flagship Bougouni lithium project in Mali. It is comparable to Arcadia as a small-cap, Africa-focused battery-metals developer pursuing hard-rock lithium.
• Osino Resources Corp. Osino Resources is a Namibia-focused gold and copper explorer cited by Arcadia as a comparable re-evaluation model. It targets the same central Namibian geological terrane and similar deposit styles as Arcadia's Karibib Copper-Gold Project.
• Premier African Minerals Limited: Premier African Minerals is an AIM-listed diversified junior focused on lithium and other critical minerals in Africa, including the Zulu Lithium project in Zimbabwe. Comparable to Arcadia as a small-cap, multi-commodity African critical-minerals explorer.

Regional players

• Bannerman Energy Ltd: Bannerman is an ASX-listed uranium developer with the Etango project in Namibia. While focused on uranium rather than battery metals, it is a regional peer operating in the same Namibian mining jurisdiction with comparable scale and ASX-listing dynamics.
• Deep Yellow Limited: Deep Yellow is an ASX-listed uranium explorer/developer with advanced Namibian projects (Tumas, Mulga Rock). It is a regional peer sharing jurisdiction and ASX listing with Arcadia, though commodity exposure differs.

Emerging players

• Vanadium Resources Limited: Vanadium Resources (ASX:VR8) is co-founded and chaired by Arcadia's Executive Chairman Jurie Wessels. While focused on vanadium rather than battery metals targeted by Arcadia, it shares management, board overlap and ASX-listing dynamics, making it an emerging-player reference point.

Broad incumbents

• Liontown Resources Limited: Liontown Resources is an ASX-listed lithium developer with the Kathleen Valley mine in Western Australia. It is a broader incumbent peer in the battery-metals space, providing a benchmark for ASX-listed lithium developer economics and valuations.
• Pilbara Minerals Limited: Pilbara Minerals operates the Pilgangoora lithium-tantalum operation in Western Australia and is one of the largest ASX-listed hard-rock lithium producers. It is a broad incumbent providing a like-for-like benchmark for tantalum-bearing pegmatite economics relevant to Arcadia's Swanson project.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xtwitter.com/kalkineau/status/1399266882910265344
• YouTubeyoutube.com/channel/UCHESep65YZS84CThFRCDuxg
• LinkedInlinkedin.com/company/arcadia-minerals-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Arcadia Minerals Limited