MAC Copper Ltd: This Schedule 13G/A reports that Sprott Inc. holds 3,188,335 ordinary shares of MAC Copper Ltd, representing 3.7% of the outstanding class. Sprott reports no sole voting or dispositive power and indicates its power is shared for both voting and disposition of the reported shares. Two related filers, Resource Capital Investment Corp. and Sprott Private Resource Lending Fund II, report zero ownership of the class. The filing states the positions are not held to change or influence control of the issuer and includes exhibits identifying joint filing arrangements and control person details.
Positive
None.
Negative
None.
Insights
TL;DR: A minority holding under 5% with shared control signals passive exposure, not a control intent.
Sprott Inc.'s reported 3.7% stake is below the 5% threshold that often triggers greater market attention for activist or control intentions. Shared voting and dispositive power indicate Sprott exercises influence in coordination with others or through pooled arrangements rather than unilateral decision-making. For investors, this is a notable ownership disclosure but not a material change to corporate control or capital structure based on the data provided.
TL;DR: Disclosure is routine; no evidence of control or activist intent in the filing.
The statement expressly disclaims acquisition for control purposes and shows no sole voting or dispositive power. The inclusion of exhibits for joint filing and control-person identification is standard governance transparency. Given the stake level and the certification language, this filing aligns with routine ownership reporting requirements rather than a governance event that would likely prompt board or proxy responses.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
MAC Copper Ltd
(Name of Issuer)
Ordinary Shares, $0.0001 par value per share
(Title of Class of Securities)
G60409110
(CUSIP Number)
06/30/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
G60409110
1
Names of Reporting Persons
Sprott Inc.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
ONTARIO, CANADA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
3,188,335.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
3,188,335.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,188,335.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
3.7 %
12
Type of Reporting Person (See Instructions)
HC, CO
SCHEDULE 13G
CUSIP No.
G60409110
1
Names of Reporting Persons
Resource Capital Investment Corp.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
NEVADA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
0.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.0 %
12
Type of Reporting Person (See Instructions)
IA, CO
SCHEDULE 13G
CUSIP No.
G60409110
1
Names of Reporting Persons
Sprott Private Resource Lending Fund II
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
0.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.0 %
12
Type of Reporting Person (See Instructions)
CO
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
MAC Copper Ltd
(b)
Address of issuer's principal executive offices:
3rd Floor, 44 Esplanade, St. Helier, Jersey, JE4 9WG
Item 2.
(a)
Name of person filing:
Sprott Inc.
Resource Capital Investment Corp.
Sprott Private Resource Lending Fund II
(b)
Address or principal business office or, if none, residence:
Sprott Inc.
Royal Bank Plaza, South Tower
200 Bay Street, Suite 2600
Toronto, ON M5J 2J1
Canada
Resource Capital Investment Corp.
1910 Palomar Point Way, Suite 200
Carlsbad, CA 92008
United States of America
Sprott Private Resource Lending Fund II
c/o Resource Capital Investment Corp.
1910 Palomar Point Way, Suite 200
Carlsbad, CA 92008
United States of America
(c)
Citizenship:
Sprott Inc. - Other - Canada
Resource Capital Investment Corp. - Other - Nevada
Sprott Private Resource Lending Fund II - Delaware
(d)
Title of class of securities:
Ordinary Shares, $0.0001 par value per share
(e)
CUSIP No.:
G60409110
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
Sprott Inc. - 3,188,335
Resource Capital Investment Corp. - 0
Sprott Private Resource Lending Fund II - 0
(b)
Percent of class:
Sprott Inc. - 3.7%
Resource Capital Investment Corp. - 0.0%
Sprott Private Resource Lending Fund II - 0.0%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Sprott Inc. - 0
Resource Capital Investment Corp. - 0
Sprott Private Resource Lending Fund II - 0
(ii) Shared power to vote or to direct the vote:
Sprott Inc. - 3,188,335
Resource Capital Investment Corp. - 0
Sprott Private Resource Lending Fund II - 0
(iii) Sole power to dispose or to direct the disposition of:
Sprott Inc. - 0
Resource Capital Investment Corp. - 0
Sprott Private Resource Lending Fund II - 0
(iv) Shared power to dispose or to direct the disposition of:
Sprott Inc. - 3,188,335
Resource Capital Investment Corp. - 0
Sprott Private Resource Lending Fund II - 0
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
Please see Exhibit B attached hereto.
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Sprott Inc.
Signature:
/s/ Thomas Ulrich
Name/Title:
Thomas Ulrich/Authorized Person
Date:
08/14/2025
Resource Capital Investment Corp.
Signature:
/s/ Thomas Ulrich
Name/Title:
Thomas Ulrich/Authorized Person
Date:
08/14/2025
Sprott Private Resource Lending Fund II
Signature:
/s/ Thomas Ulrich
Name/Title:
Thomas Ulrich/Authorized Person
Date:
08/14/2025
Comments accompanying signature: * Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his, her or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
To the extent that "ownership of 5 percent or less of a class" was indicated in Item 5, such response only applies to the Reporting Person(s) that indicated elsewhere herein that it beneficially owns five percent (5%) or less of the class.
Exhibit Information
Exhibit A - Joint Filing Agreement
Exhibit B - Control Person Identification