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The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
FREYR BATTERY SHS L4135L100   15,494,514 1,742,915 SH   SOLE   1,742,915 0 0
ADECOAGRO S A COM L00849106   1,016,258 125,619 SH   SOLE   125,619 0 0
TECK RESOURCES LTD CL B 878742204   19,298,426 528,724 SH   SOLE   528,724 0 0
SHELL PLC SPON ADS 780259305   14,045,514 244,100 SH   SOLE   244,100 0 0
MOSAIC CO NEW COM 61945C103   14,023,222 305,650 SH   SOLE   305,650 0 0
JPMORGAN CHASE & CO COM 46625H100   27,352,069 209,900 SH   SOLE   209,900 0 0
ISHARES TR CHINA LG-CAP ETF 464287184   296,100 21,150 SH   SOLE   21,150 0 0