The EDB participated in the Singapore Mining Day conference held on 15 September 2023 where an informative session with mining companies such as Chariot Corporation, Greenvale Energy Limited, GTI Energy Limited, Infinity Lithium, Lithium Plus Minerals Limited, Power Minerals Limited, QEM Limited, Energy Transition Metalss, Tyranna Resources Limited, QMines Limited, Victory Metals Limited and Xplore Resources was organized.
The EDB had an opportunity to showcase the offerings of the Mauritius International Financial Centre (IFC) as a risk mitigation platform for cross border investments to more than 80 investors including Australian Stock Exchange (ASX) listed companies.
The Deputy CEO of EDB delivered an insightful presentation, highlighting the secure and pro-business environment of the Mauritius International Financial Centre (IFC). The presentation shed light on various company structures, including Global Business, trusts, foundations, Private Equity fund structures and Limited Partnerships, which can be utilized by mining operators seeking to structure their investments. Moreover, the advantages of leveraging the Mauritius IFC were effectively conveyed, emphasizing the significant potential it holds for mining operators to set up regional headquarters and treasury centres in Mauritius.
The EDB portrayed the Mauritian jurisdiction as a secure and pro-business environment, providing a solid foundation for mining operators to structure their investments. Mauritius has long been recognized as a reputable international financial hub, boasting political, social and economic stability, a robust legal framework, and adherence to international standards and best practices. These factors instil confidence and attract global investors, facilitating ease of doing business and ensuring the protection of investments.
In light of the surging global demand for natural resources, driven by the increasing need for electric vehicles and sustainability initiatives, the second edition of the Singapore Mining Day Conference was a dedicated platform that brought together family offices, brokers, ultra-high-net-worth individuals and institutions from Singapore, Australia, and Hong Kong.
The conference also offered opportunity to show how the Mauritius IFC boasts a well-developed financial services sector with a wide range of specialized service providers, including banks, investment funds, legal firms, and accounting firms. This expertise facilitates efficient structuring, administration, and management of investments, ensuring smooth operations for mining operators.
The EDB Mauritius presentation at the Singapore Mining Day conference proved to be an enlightening experience for investors and mining operators seeking to structure their investments. The EDB effectively conveyed the secure and pro-business environment of the Mauritius IFC, highlighting the diverse company structuring advantages of leveraging the Mauritius IFC, including favorable tax regime, investment protection, access to international markets, financial services expertise, and political and economic stability.
By choosing Mauritius as a jurisdiction to structure their investments, mining operators can benefit from a robust legal framework, favorable tax environment, and a range of financial services, enabling them to optimize their investments while minimizing risks. With its reputation as a reputable international financial hub and its strategic location, Mauritius serves as an attractive destination for mining operators looking to expand their operations and unlock new opportunities.
The presentation by EDB Mauritius provided valuable insights and guidance to mining operators, empowering them to make informed decisions regarding investment structuring. As the mining industry continues to evolve, leveraging the advantages of the Mauritius IFC can potentially enhance the competitiveness and success of mining operators in the global market.
