Wealth Minerals

The primary asset is the Atacama Project, located in Chile's Salar de Atacama — the world's highest-grade and lowest-cost lithium brine deposit. The salar's production volumes set a global benchmark and house operations for the world's two largest incumbent producers, SQM and Albemarle. Proximity to existing infrastructure, port access, and high brine concentrations reduce the capital-intensity risk typical of frontier lithium development.

Chile's 2023 National Lithium Strategy created a public-private partnership model in which the state holds a majority stake in strategic salars like Atacama. Wealth Minerals has engaged with Chilean state enterprises through non-binding MOUs, including one announced in 2023, to explore cooperative development pathways. The company's wholly owned local subsidiaries hold the underlying exploitation concessions, which precede the 2023 decree and are subject to existing mining-code protections.

Wealth Minerals is exclusively focused on Chilean brine assets, which gives it exposure to the lowest-cost extraction method — evaporation — but also subjects it to Chile's unique concession and royalty regime. Unlike Australian hard-rock projects that require energy-intensive crushing and roasting, Chilean brine operations are cost-competitive at virtually any lithium price. The trade-off is longer permitting timelines and more direct state involvement in project economics.

No. Wealth Minerals is a pre-revenue exploration and development company. All of its projects are in the feasibility, permitting, or early-construction planning stages. The investment thesis relies on advancing at least one of these projects to a construction decision and securing offtake or strategic-partner financing, rather than on present operating income.

Hendrik van Alphen, as CEO and a director, leads day-to-day investment decisions and project prioritization. His father Henk van Alphen serves as Chairman, providing continuity in governance and high-level introductions across South America. Strategic M&A and partnership decisions are ratified by the board, which combines mining-finance and lithium-operating expertise.

It is structured as a publicly traded mineral exploration company on the TSX Venture Exchange, not as a family office. While the van Alphen principals hold significant founder equity and board seats, the vehicle is open to institutional and retail investors and governed by Canadian securities rules, making its governance distinct from a private family office.

The company controls roughly 124,000 hectares across five salars in Chile, with the Atacama Project representing the flagship position. This footprint makes it one of the larger lithium-brine landholders outside of SQM and Albemarle. However, acreage alone does not equal economic lithium; the market is watching for a compliant resource estimate and a definitive feasibility study to convert the land position into a mineable reserve.