Vitol and Breakwall Capital Execute First Transaction Through Valor Mining Credit Partners

Vital Collaboration in Mining Finance

In a significant move for the mining industry, Vitol, a key player in energy and commodities, alongside Breakwall Capital, a firm specializing in credit investments within the energy sector, have successfully executed their inaugural transaction via their joint venture, Valor Mining Credit Partners, L.P. (VMP). This partnership, which was established in July 2025, aims to provide innovative credit solutions tailored for mining enterprises throughout the Americas.

The noteworthy first transaction consists of a $150 million senior secured term loan. This financing will primarily benefit a U.S. metallurgical coal mining operation, where the funds will facilitate various capital expenditures and bolster working capital. The agility with which VMP was able to structure and complete this financing reflects their commitment to deploying flexible and disciplined capital in a timely manner.

Breaking Down the Partnership

VMP's formation is particularly strategic, aiming to fill a gap in the credit capital availability for high-quality mining assets alongside experienced management teams. According to managing partners Christopher Abbate, Jamie Brodsky, and Daniel Flannery from Breakwall, the initiation of this first investment highlights VMP’s capability to offer short-duration, adaptable, and asset-backed loans. These financial tools are essential for nurturing the development and sustaining the production of vital raw materials, hence supporting the industrial growth and energy needs across North America.

Ben Marshall, who leads Vitol’s operations in the Americas, also emphasized that through this partnership, Vitol is broadening its investment landscape across critical industrial supply chains. He expressed anticipation for supporting projects that promise consistent supply and long-term value for stakeholders involved.

Targeting Strategic Financial Solutions

The Valor Mining Partnership is set to focus on event-driven finance opportunities. This includes providing refinanced debt, acquisition funding, and capital for development initiatives. These offerings are designed to give companies the resources needed for accelerated growth and to maximize shareholder value within a dynamic market.

Although the precise details surrounding this initial transaction remain undisclosed, the partnership is poised for success given the significant financial support and strategic focus it brings to the mining sector. Both Vitol and Breakwall Capital are committed to ensuring robust operational practices and delivering essential financial backing to key players in the industry.

This venture signifies a pivotal moment not only for Vitol and Breakwall but also for the entire landscape of mining finance in North America, setting a precedent for future investments and innovations within the sector.