Source the ore
AIP’s operator position in Auriix provides access to approved copper ore supply networks in Zambia’s Copperbelt. Capital funds ore purchases linked to documented sourcing, assay verification, and approved suppliers.
Auriix
Strategy Overview
Auriix Copper Working Capital AMC provides short-duration financing to Auriix Holding’s copper ore procurement, toll-treatment, and trading operations in Zambia. The mandate is linked to physical copper flows, inventory-backed working-capital cycles, and defined offtake exits.
Capital is secured against physical ore inventory and receivables, with each deployment tied to approved sourcing, processing, and sale documentation.
The holding
TPA copper processing capacity at Cedars plant, Zambia
%
Cu concentrate output grade from ~3% ore input
%
AIP interest in Auriix Holding and the Cedars copper processing plant.
Investment process
Responsible Sourcing & Chain of Custody
Deployments are expected to be supported by supplier approval, licensing checks, KYC / KYB, source documentation, assay verification, logistics records, warehouse / delivery documentation, and controlled payment flows. The mandate is designed to finance documented physical copper flows, not unsecured general working capital.
Selected Risk Considerations: The mandate is exposed to copper price risk, ore-grade and assay risk, sourcing risk, processing risk, offtaker risk, inventory control risk, receivables risk, logistics risk, country risk, FX risk, regulatory risk, liquidity risk, and potential loss of capital. Security interests and revenue-sharing mechanics are subject to final transaction documentation.
This material is intended solely for sophisticated investors and does not constitute an offer or solicitation in any jurisdiction where such offer is unlawful. AIP Capital Management is registered with the Cayman Islands Monetary Authority (CIMA); however, CIMA does not guarantee the performance of the fund or the accuracy of this material. Past performance is not a guarantee of future returns; the value of investments may fall as well as rise. Before investing, please read all offering documents carefully.