Scalar Catalytic Minerals Fund (CMF)
Our critical minerals fund: equity into early-stage African mining projects at Stages 1–8 of the development cycle. Every investment is paired with bespoke technical assistance via the TAF — hands-on expertise from pre-screening through post-exit.
Strategy & Structure
CMF takes equity positions in early-stage African mining projects, providing the patient capital that Stage 1–8 exploration and development projects can rarely access through conventional channels. Every investment is de-risked through Scalar's Technical Assistance Facility (TAF), pairing capital with hands-on operational expertise from pre-screening through post-exit.
Download BrochureWhy CMF
Critical minerals sit at the center of the energy transition — and Africa holds much of the world's reserves. CMF is built to unlock them responsibly.
Equity positioned across Stages 1–8 of the mining development cycle, from pre-screening through to post-exit.
Every portfolio company receives hands-on, on-the-ground technical support, reducing execution risk at every stage.
Investments are screened against environmental and social standards aligned with international best practice.
Africa's critical minerals will power the next generation of clean energy technology
CMF backs the early-stage projects that make that supply chain possible — providing capital and expertise at the stages where both are scarcest.
Fund structures are domiciled in regulated markets such as Mauritius and Luxembourg, meeting the compliance standards institutional investors require.