In this global series, we look at recent trends in streaming,
including the emergence of streams on new battery commodities, and
the move by mining companies to limit the 'upside' that is
sold to stream purchasers. We also review the steps taken by stream
purchasers to move away from bank-like security to consider
security substitutes such as staged milestone-related instalments
of the upfront payment.
Across our offices we have leading experience in mine streaming,
having advised dozens of issuers and purchasers throughout the
world. Mine streams are complicated forward sale contracts, with
many sector-specific provisions. It is a growth area and one that
is evolving.
Why are there fewer streaming transactions in Australia than
North America?