Annual Report to Shareholders
Brisbane, Oct 28, 2015 AEST (ABN Newswire) - The 2014/15 year saw Altura Mining Limited (
ASX:AJM) invest in its world class Pilgangoora lithium project as demand for lithium internationally continues to grow, including conducting a very successful capital raising to allow feasibility work to continue on the project.
In addition:
- divest its stake in the Mt Webber Joint Venture to managing partner Atlas Iron Limited as iron ore prices fell to the lowest prices seen in recent times
- maximise Altura's coal interests by aiming to list those assets on the Singapore Stock Exchange (SGX-ST Catalist)
- agree to sell 90% of its right, title and interest to gold miner, ABM Resources, in four (4) tenements located in the Tanami region of the Northern Territory
- grow Altura Mining Philippines Inc with the grant of two new Coal Operating Contracts (COC).
For the full annual report, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-AJM-739532.pdf
About Altura Mining Ltd
Altura Mining Limited (ASX:AJM) is building a leading position in the independent supply of lithium raw materials, with a world class lithium project at Pilgangoora ready to set the platform and be the first new hard rock lithium product supplier in 2017. The Altura team has a track record of delivering mining projects with Pilgangoora the most advanced stage, near term producing lithium project; solid offtake partners and a market providing substantial growth opportunities to ensure positive shareholder returns.
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