Altura Mining is pleased to announce the attainment of a key commercial milestone with the completion of the company's the first Binding Offtake Agreement for the Pilgangoora Lithium Project with Chinese based group Lionergy Limited. The BOA is based on a minimum annual supply of 100,000 tonnes of 6% Li2O chemical grade spodumene concentrate from [...]
Altura Mining is pleased to announce the execution of transfer documents for the E45/2363 tenement at its 100% Altura owned Pilgangoora Lithium Project in Western Australia's Pilbara region. The additional tenement has been acquired from Atlas Operations Pty Ltd (Atlas) and provides further exploration ground to expand Altura's strategically [...]
Altura Mining is pleased to announce the results of the Project Feasibility Study (FS) completed on the 100% Altura owned Pilgangoora Lithium Project in Western Australia's Pilbara region. Key Findings of Feasibility Study: - Annual Production of 215,000 tonnes (average) of spodumene concentrate (steady state) - LOM Net Revenue of A$1,562 [...]
Altura Mining is pleased to advise that boutique financial services firm Beer & Co has released an updated research report on Altura Mining, titled "Valuation up due to bigger plant, lower costs and higher prices". The report is now available on our website at www.alturamining.com under the Investor Centre tab. Key Projects and Prospects [...]
Altura Mining is mainly focused on the development of its 100% owned Pilgangoora Lithium Project in the Pilbara region of Western Australia. Altura also has interests in the producing Delta Coal mine and the Tabalong Coal project in Indonesia. Operating results The consolidated entity's operating loss after providing for income tax for the [...]
Altura Mining is pleased to advise that further to the ASX announcement on 22 February 2016, settlement of the share placement with Lionergy Limited has now taken place. Altura has received the A$3 million and these additional funds will primarily be directed towards the development of Altura's 100% owned Pilgangoora Lithium project, including [...]
Altura Mining is pleased to announce that it has entered into a non-binding Memorandum of Understanding (MOU) with a leading China based lithium battery and electronic vehicle producing group, Optimum Nano Battery Co. Limited. The MOU is based on a minimum of 100,000 tpa and up to 150,000 tpa of Lithium Spodumene Concentrate to be produced from [...]
Altura Mining is pleased to announce that it has entered into a non-binding Letter of Intent (LOI) with China based group Lionergy Limited for offtake for a minimum of 100,000 tpa and up to 150,000 tpa of Lithium Spodumene Concentrate to be produced from Altura's 100% owned Pilgangoora Lithium Project. Key Points: > Offtake Letter of Intent with [...]
Altura Mining is pleased to provide the following information in relation to its announcement "Pilgangoora Lithium Update: Independent Mining Study Demonstrates Robust Financial Returns and 19 Year Mine Life" released on 11 February 2016. Clarification Altura wishes to clarify that the information in the announcement relates to a mining study that [...]
Altura Mining is pleased to announce the results of the Mining Preliminary Feasibility Study completed by Western Australian based mining consultants Orelogy Consulting Pty Ltd. KEY FINDINGS OF PRE-FEASIBILITY MINING STUDY Base Case - 1 Mtpa ore process rate o LOM Revenue of A$l,350 million o LOM Cashflow of A$609 million o NPV of A$277 [...]
Perth, Australia (ABN Newswire) - Altura Mining Ltd. (ASX:AJM) is pleased to advise that boutique financial services firm Beer & Co has released a research report on Altura Mining Ltd., titled "Product in demand; good margins". The report focuses on the considerable potential of and progress made to date at the 100% owned Pilgangoora Lithium [...]
Altura Mining announce the Quarterly Activities Report for the period ending December 31, 2015. Highlights Lithium - Significant milestones achieved on the Feasibility Study during the quarter. - Excellent results from the Heavy Liquid Separation test work with lithium oxide (Li20) grades up to 7.79% with a spodumene content of up to 97 [...]
