When he was 16, Adam Lundin was lowered by helicopter into the remote wilderness of northern Canada. For the son of a wealthy mining mogul, this was something of an initiation. He spent the summer hunting for gold — shadowing grizzled prospectors and geologists, bushwhacking through the Boréal forest.
He even dug holes for where the outhouses would go. “I just wanted to be kept busy,” he said. Adam, 37, is now the chairman of Lundin Mining Corp., a publicly traded Canadian metals producer. His younger brother, Jack, 34, is the company’s chief executive officer.
The Lundin boys, as they are known in Canada’s tight-knit mining circles, are the two middle sons of Lukas Lundin, a hard-driving magnate who inherited the business from his own father. As the world races to build more clean energy products, many of the key companies that control vast quantities of critical minerals are family-owned, and the Lundin boys are part of a new generation taking the reins.
For the rest of this article: https://www.bnnbloomberg.ca/business/2024/10/25/millennial-mining-heirs-bet-the-family-business-on-argentine-copper/