Founder and Managing Director for Evolution Capital Partners
Blair Sergeant is an accomplished executive and financial director with over 20 years of experience in equity capital markets and corporate advisory across a broad range of industries, but with a focus on the coal industry.
Getting a start in the coal industry in 2000, Sergeant has been instrumental in leading companies through their development, growth and acquisitive stages. This includes roles ranging from Company Secretary, Non-Executive Director, Finance Director and Managing Director.
Sergeant was the Executive Director of Finance for Coal of Africa Ltd, a developer and producer of high-quality thermal and coking coal. During his tenure with Coal of Africa, the Company’s market capitalisation rose from $2 million to over $1.5 billion at its peak. Sergeant also played a key part in spearheading the acquisition of over $200 million in assets, $400m in equity capital raisings and negotiating two debt facilities totaling over $70m.
Some of his key accomplishments throughout his career include leading and overseeing the $25m IPO of Lemur Resources Limited in 2011, as founding Managing Director.
Sergeant has lead the start and completion of numerous bankable, definitive and scoping studies for both open pit and underground coal projects in both South Africa and Madagascar. He has been responsible for the construction and development of two operational coal mines (underground and open pit) and associated infrastructure with combined capital budgets in excess of $250m.
Sergeant is also the Managing Director of Evolution Capital Partners, which he founded in 2006. Evolution Capital Partners has built a strong reputation in working with numerous companies listed on the Australian Securities Exchange (ASX). Providing company secretarial services and corporate advisory, ECP also advises companies on ASX initial public offerings, mergers and acquisitions, secondary capital raisings and Exchange and Corporate Law compliance.
In his role at Evolution Capital Partners, Blair has had the opportunity to work extensively with companies listed on the ASX, AIM and JSE. With experience in capital and balance sheet management, IPO processes, and mergers and acquisitions, Sergeant is passionate about using his experience to help companies navigate these difficult challenges.
Sergeant understands the operational and financial challenges of high growth and start up companies. More importantly, he has experienced these challenges first-hand and has the solutions to help companies navigate them. Blair is passionate about implementing processes and helping companies achieve their key objectives and goals. Sergeant brings a wealth of knowledge and experience to the companies he advises.
Sergeant holds a Bachelor of Business (Accounting), a Post Graduate Diploma in Business (Corporate Administration) is Chartered Company Secretary. In addition, he is a member of the Australian Society of Certified Practising Accountants (ASCPA), Governance Institute of Australia, and Institute of Chartered Secretaries and Administrators.
For more information about Blair Sergeant and to read his blog about the coal industry, visit blairsergeant.net.
Don’t count the Australian coal industry down and out just yet. A report prepared for the Mineral’s Council of Australia by Commodity Insight predicts the demand for metallurgical coal will grow by 7.5 million tons each year from now through 2030.
On 17 October, 2018, the Chinese coking coal industry hit a thirteen-month high, thanks to the growing industrial need for steel and a more limited availability.
The coal industry is under pressure at this time due to the fact that many new renewable energy sources are coming online.
Australia is a vast continent that is blessed with an abundance of natural resources. In the Queensland area, one of the most plentiful natural resources is coal. Coal is vital to the economy of Queensland bringing in almost four billion Australian dollars per year in royalty revenue. Estimates are that the coal industry contributes as much as one in every six dollars to the Queensland economy.