CEO / Founder, Crea8

Kim-Hwa Lim

CEO / Founder

Make an Impact

Crea8

Crea8 blends AI-driven precision, big data scalability, and rigorous quantitative frameworks with seasoned human insight. By extracting actionable intelligence from vast global datasets, we eliminate emotional bias and deliver optimal risk-adjusted returns. Our hybrid approach uncovers hidden market efficiencies and ensures your capital is dynamically positioned across markets.

Cross Asset Strategy

<ul><li>The strategy seeks to invest in Shariah compliant companies that provide life’s essential goods and services.</li><li>These companies support our societal well-being and are less likely to be subject to hype.</li><li>By adopting a portfolio of stocks instead of individual stocks, the strategy is diversified across countries and industries; and optimised with respect to their expected risks and returns.</li></ul>

The strategy seeks to invest in Shariah compliant companies that provide life’s essential goods and services.These companies support our societal well-being and are less likely to be subject to hype.By adopting a portfolio of stocks instead of individual stocks, the strategy is diversified across countries and industries; and optimised with respect to their expected risks and returns.

Global Life Essential (Shariah) Portfolio (14-Sep-2026)

Equity, Bottom-up Analyst, Investics Research

Sameer Taneja

Equity, Bottom-up Analyst

Investics Research

It is important to note that the information provided by Investics Research is based on publicly available data and own knowledge, which has been gathered and analyzed from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions. All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include but are not limited to, company announcements, exchange filings, presentations, etc. Investics does not guarantee the accuracy and completeness of the forecasts, estimates, and/or other information.

Equity Bottom-up Research

Equity Bottom-Up

<ul>
<li>Q2 revenue of $1,213M and adjusted EBITDA of $658M, both near records, driven by a $6.51/lb realized copper price against 77 kt of production.</li>
<li>Vicuna RIGI PEELP approval and the San Juan provincial royalty agreement de-risk the fiscal framework ahead of a Stage 1 sanctioning decision targeted for year-end.</li>
<li>At C$37.59, implied multiple of 7.0x FY26e EV/EBITDA and 16.8x P/E on $3,199M EBITDA, with 59.4% margin and net cash of $79M.</li>
</ul>


Q2 revenue of $1,213M and adjusted EBITDA of $658M, both near records, driven by a $6.51/lb realized copper price against 77 kt of production.
Vicuna RIGI PEELP approval and the San Juan provincial royalty agreement de-risk the fiscal framework ahead of a Stage 1 sanctioning decision targeted for year-end.
At C$37.59, implied multiple of 7.0x FY26e EV/EBITDA and 16.8x P/E on $3,199M EBITDA, with 59.4% margin and net cash of $79M.


Lundin Mining Corp (LUN CN) Q2FY26: Progress on Vicuña, 7x EV-EBITDA

Providing investors with a balanced perspective, Massif Capital

Massif Capital Research

Providing investors with a balanced perspective

Massif Capital

Research focused on providing investors with a balanced perspective on the environmental and economic realities of achieving a carbon-neutral economy for businesses within the Energy, Basic Materials and Industrial industries.

The Massif Capital Real Asset Strategy is a global long/short equity strategy built around bottom-up stock picking. We are focused on creating a portfolio of businesses from within the Energy, Basic Materials and Industrial sectors that balance the environmental and economic realities of achieving a carbon-neutral economy.

<ul><li>The Commodity Purity Index (CPI, an unfortunate acronym) is a framework developed to measure, on a rolling basis, the extent to which the underlying commodity drives a commodity producer's stock price behavior.</li><li>The score runs from 0 to 100. A score of 80 or above means the stock moves almost entirely with the commodity: it is essentially a leveraged commodity instrument wrapped in equity form.</li><li>A score below 20 means that, despite being a copper miner or an oil producer, the commodity is barely registering as a driver of the stock's day-to-day behavior.</li></ul>

The Commodity Purity Index (CPI, an unfortunate acronym) is a framework developed to measure, on a rolling basis, the extent to which the underlying commodity drives a commodity producer's stock price behavior.The score runs from 0 to 100. A score of 80 or above means the stock moves almost entirely with the commodity: it is essentially a leveraged commodity instrument wrapped in equity form.A score below 20 means that, despite being a copper miner or an oil producer, the commodity is barely registering as a driver of the stock's day-to-day behavior.

You’re Not Long Copper: The Exposure Is Not What You Thought It Was

Global Materials | Industrials | Commodities

Rahul Jain

Thematic (Sector/Industry)

<ul>
<li>Zinc market tone for 2025 is cautious, with most producers guiding flat to lower volumes as concentrate supply remains tight and benchmark TCs hit 50-year lows.</li>
<li>Glencore, Teck, and South32 are dialing back output, while Korea Zinc is facing margin compression. Boliden is raising output via acquisitions and restarts, but still faces integration and cost risks.</li>
<li>Hindustan Zinc stands apart—delivering growth, industry-best 53% EBITDA margins, and sub-$1,000/t cost targets, making it a margin fortress in a soft market. </li>
</ul>


Zinc market tone for 2025 is cautious, with most producers guiding flat to lower volumes as concentrate supply remains tight and benchmark TCs hit 50-year lows.
Glencore, Teck, and South32 are dialing back output, while Korea Zinc is facing margin compression. Boliden is raising output via acquisitions and restarts, but still faces integration and cost risks.
Hindustan Zinc stands apart—delivering growth, industry-best 53% EBITDA margins, and sub-$1,000/t cost targets, making it a margin fortress in a soft market. 


Zinc’s Cycle Turns: Will Supply Outpace Demand?

Director, Head of Research, Smartkarma

Pranav Rao

Director, Head of Research

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

Research Reinvented

Event-Driven

Agricultural Bank of China / Event-Driven

<ul>
<li>Welcome to Curator’s Cut, a fortnightly roundup of standout themes from the 1,200+ Insights published over the past two weeks on Smartkarma</li>
<li>In this cut, we explore A-H share trading dynamics, consider copper market dynamics and plays, and China's bottoming/stabilizing real estate market</li>
<li>Want to dig deeper? Comment or message with the themes you’d like to see highlighted next</li>
</ul>


Welcome to Curator’s Cut, a fortnightly roundup of standout themes from the 1,200+ Insights published over the past two weeks on Smartkarma
In this cut, we explore A-H share trading dynamics, consider copper market dynamics and plays, and China's bottoming/stabilizing real estate market
Want to dig deeper? Comment or message with the themes you’d like to see highlighted next


Curator's Cut: Arbs Go A-H, Copper Plays & China's Property Pulse

Canada

Lundin Mining Corporation is a diversified base metals mining company with operations in Chile, Portugal, Sweden, Spain and the United States, producing copper, zinc, lead and nickel. The Company holds interest in the Tenke Fungurume copper/cobalt mine in the Democratic Republic of Congo and a cobalt refinery located in Kokkola, Finland.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Lundin Mining (LUN CN)

Global Life Essential (Shariah) Portfolio (14-Sep-2026)

The strategy seeks to invest in Shariah compliant companies that provide life’s essential goods and services. These companies support our societal...

Crea8

Lundin Mining Corp (LUN CN) Q2FY26: Progress on Vicuña, 7x EV-EBITDA

Q2 EBITDA of $658M on a record $6.51/lb realized copper price; Vicuna fiscal terms locked via RIGI PEELP, and San Juan Stage 1 sanction targeted...

Sameer Taneja

You’re Not Long Copper: The Exposure Is Not What You Thought It Was

The Commodity Purity Index (CPI, an unfortunate acronym) is a framework developed to measure, on a rolling basis, the extent to which the...

Massif Capital Research

Zinc’s Cycle Turns: Will Supply Outpace Demand?

2025 zinc market cautious as producers cut output due to tight supply and low benchmark TCs, Hindustan Zinc stands out with strong growth and...

Rahul Jain

Curator's Cut: Arbs Go A-H, Copper Plays & China's Property Pulse

In this cut, we explore A-H share trading dynamics, consider copper market dynamics and plays, and China's bottoming/stabilizing real estate market.

Pranav Rao

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Global Life Essential (Shariah) Portfolio (14-Sep-2026)

The strategy seeks to invest in Shariah compliant companies that provide life’s essential goods and services. These companies support our societal...

Crea8

Lundin Mining Corp (LUN CN) Q2FY26: Progress on Vicuña, 7x EV-EBITDA

Q2 EBITDA of $658M on a record $6.51/lb realized copper price; Vicuna fiscal terms locked via RIGI PEELP, and San Juan Stage 1 sanction targeted...

Sameer Taneja

You’re Not Long Copper: The Exposure Is Not What You Thought It Was

The Commodity Purity Index (CPI, an unfortunate acronym) is a framework developed to measure, on a rolling basis, the extent to which the...

Massif Capital Research

Zinc’s Cycle Turns: Will Supply Outpace Demand?

​2025 zinc market cautious as producers cut output due to tight supply and low benchmark TCs, Hindustan Zinc stands out with strong growth and...

Rahul Jain

Curator's Cut: Arbs Go A-H, Copper Plays & China's Property Pulse

In this cut, we explore A-H share trading dynamics, consider copper market dynamics and plays, and China's bottoming/stabilizing real estate market.

Pranav Rao

2025 zinc market cautious as producers cut output due to tight supply and low benchmark TCs, Hindustan Zinc stands out with strong growth and...