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I have never worked at/with anyone from Evercore mining, so this is just what I've seen from them in terms of deal flow:

  • From what I have seen in public disclosure, most of the mining deals that Evercore has worked on are either lithium related (e.g. in the last ~3 years they have done financings for Rocktech, Piedmont Lithium and Lithium Americas) or bulk metals/industrial metal processors. They do not seem to have a lot of consistent activity in the sector from what is publicly disclosed and do not have much exposure to precious metals or non-lithium base metals (i.e. copper, nickel, etc.), so if you're interested in precious metals/non-lithium base metals, I am not sure if Evercore would give you the best experience for that
  • If you look at the bios of the current head of Evercore mining who is based in NYC, the highlighted deals are bulk metals (i.e. coal, etc.) or metal processors which is consistent with the types of deals they have done historically
  • They did just hire the former GS head of EMEA mining as a Senior Advisor but he is based in London so not exactly sure how much exposure someone in the US would get to him. Based on his bio, it looks like he has more exposure to precious metals and other base metals which makes sense given that London is a way bigger mining hub than the US/NYC
  • I cannot speak on culture or comp, but I imagine comp would be similar to Evercore as a whole (especially if you're at the more junior level)
 

Yes, similar impressions - not much in precious at all, but some increasingly consistent deal flow in energy transition metals, steel value chain (eg US Steel / Nippon), aluminum (eg Arconic / Apollo), etc. Also pretty active in restructuring, as you’d expect at Evercore.

 

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