About · Ownership Structure

Capital Structure

The ownership and capital structure of the Elemental Group — the parent company of Elemental North America.

Elemental Group — not ENA-specific

This page describes the ownership structure of the Elemental Group — the parent company of Elemental North America, headquartered in Luxembourg. ENA operates as part of the Group’s North American network. Full Group information at elemental.biz.

01 · Shareholder base

A diverse group of shareholders behind the Group’s global strategy

Elemental Group’s ownership structure reflects the involvement of key investors supporting the company’s development and strategy. Thanks to a diverse group of shareholders, Elemental Group is constantly strengthening its position in the global market, pursuing ambitious goals related to the sustainable management of natural resources.

Founder & management

Long-term stewardship

Founding shareholders and executive management remain closely involved in the Group’s strategic direction, keeping decision-making aligned with long-term value creation over quarterly cycles.

Institutional investors

Global capital, patient horizons

A group of institutional investors provides the capital base and governance discipline that supports international expansion, capacity investment, and R&D in recovery and refining technology.

Aligned mission

Circular economy at the core

All shareholders share the Group’s mission: closing the loop on strategic metals through responsible recovery, refining, and re-introduction into the industrial supply chain.

For full details of the Group’s capital structure — including current shareholder composition and reporting disclosures — please refer to the Group’s official page.

See Group ownership details →