Altura mining 2020. Oct 27, 2020 · Oct 26, 2020 10:25PM EDT.

Altura mining 2020 45 am AWST DATE: 30 November 2021 Mar 9, 2020 · Altura Mining Ltd. - Australia's Pilbara Minerals Ltd PLS. Share Copy Link; Share on X In July 2017, Altura Mining secured a $110m senior debt facility to fund the development of Pilgangoora. The offer price of 36c represented a small 7. Australia-based lithium miner Altura Mining has secured a new financing package valued at A$305m ($202m), which it expects will strengthen its operations in a weak lithium market. Sayona said on Thursday that following a review of its Western Australian assets, the company has taken the decision to retain ten of its most prospective Pilbara lithium Jul 23, 2019 · Altura Mining is set to receive a $22. Non-Executive Director Allan Buckler made the biggest insider purchase in the last 12 months. That precisely describes Altura Mining, which has been in a trading halt since January 13. Altura Mining Limited and Controlled Entities Directors’ Report FOR THE YEAR ENDED 30 JUNE 2021 3 Corporate Directory DIRECTORS James Brown – Managing Director Paul Mantell –Executive Director (resigned 8 April 2021) Allan Buckler – Non-Executive Director Dan O’Neill – Non-Executive Director Beng Teik Kuan – Non-Executive Director Oct 29, 2020 · Pilbara makes a move on Altura. Altura Mining has signed a five-year binding offtake agreement to supply lithium to China-based Guangdong Weihua. Despite the recovery in the industry, the State’s spodumene concentrate sales were valued at $938 million – more than 2020, but still less than 2019-20 and less than half of the single year sales record of $1. Mon 06 Jan, 2020 - 12:31 AM ET. Altura is a key player in the production of spodumene concentrate sourced from hard rock mined at its operation at Pilgangoora in Western Australia. Image: Altura Mining. The project is the most advanced stage, near-term producing lithium project. 0 million to support entitlements owed to Altura Mining employees made redundant after the Altura mine was placed under care and maintenance in late October. Agreement bSSA c entered into late last year with Altura Mining Limited bReceivers and Managers Appointed Administrators Appointed bAltura and the Receivers and Managers of Altura “Receivers” see ASX release, 1 December 2020. 26/10/2020 Dec 2, 2020 · Fitch Ratings - Sydney - 02 Dec 2020: Fitch Ratings has withdrawn Altura Mining Limited's Long-Term Issuer Default Rating (IDR) of 'D', as the company has entered bankruptcy. The Outlook is Stable. Accordingly, Fitch will no longer provide ratings or analytical coverage for Altura. Altura Mining . Ultimately, Altura entered voluntary administration at the end of October 2020 on the back of a low-price environment fuelled by COVID-19, in addition to a series of other issues plaguing the mine. AX> has entered receivership, administrator KordaMentha said, hit by a prolonged period of low prices for battery materials that has been Jul 30, 2017 · IPO activity all but stopped in 2020, as the investment community grew wary of the effects of COVID-19 on economies. The company Oct 29, 2020 · It's advisers and lenders galore at ailing lithium miner Altura Mining. Dec 1, 2020 · The most powerful knowledgebase mapped from 20 years of research and insight into every WA leader and business. 2 million to sophisticated investors through the placement of 224 million shares at 5 cents apiece. Altura Mining Limited engages in the exploration and development of mineral properties in Australia and Indonesia. Track ASX codes like AJM on StockTrack to receive free updates. Oct 26, 2020 · Administrators have been appointed at listed lithium play Altura Mining, throwing its $150 million recapitalisation plans into doubt. In addition, the SSA provides that deferred consideration is also payable up to 12 months Dec 15, 2021 · The embattled Altura Mining resumed trading on Tuesday after 16 months of suspension. Clifford Stuart Rocke and Jeremy Joseph Nipps of Cor Cordis were appointed Joint and Several Voluntary Administrators of Altura Mining Limited on 26 October 2020 by the company's first ranking secured creditor, BNY Trust Company of Australia as Trustee of Pilgangoora Security Trust. So shareholders might well want to know whether insiders have been buying or selling shares in Altura Mining Limited . This is to notify all Participants that Altura Mining Limited (Voluntary Administrator Appointed) (the “Company”) has advised ASX Settlement Pty Ltd (ASX Settlement) (ABN 49 008 504 532) of the appointment of voluntary administrators on 26 October 2020. Altura intends to continue this night shift arrangement Oct 26, 2020 · Administrators have been appointed at listed lithium play Altura Mining, throwing its $150 million recapitalisation plans into doubt. Significant upside still likely with Altura’s 16,000ha of exploration tenements surrounding Pilgangoora . 01pm. 5m on exploration across the Western Australian projects over three years to earn a 51% interest. KordaMentha was appointed as administrator on Oct. Images: Altura Mining and Pilbara Minerals. Under the terms of the agreement, Altura will supply 50,000 dry metric tonnes (dmt) per annum of 6% grade spodumene concentrate (SC6) from its Altura Lithium Mine located at Pilgangoora in Western Australia to Guangdong Weihua. Altura in June this year struck a multi-year lithium offtake agreement with Hunan Yongshan, a subsidiary of shareholder Ningbo Shanshan. (ASX: PLS) has signed a conditional agreement with a group of lenders to buy embattled rival Altura Mining for US$175 million. Oct 26, 2020 · Perth-based lithium producer Altura Mining has been placed in receivership after the ASX-listed company was 26/10/2020 - 17:00 Altura Mining in receivership Oct 26, 2020 · Altura Mining was contacted by email but no reply has been received by the time of publication. The company operates through Lithium Mining, Exploration Services, and Mineral Exploration segments. Production Altura recorded its fifth consecutive quarter of commercial production, with quarterly production of 46,316 wet metric tonnes (wmt) of lithium concentrate (March quarter 42,282 wmt). 30pm EDT and are in PDF format. Dec 14, 2020 · Pilbara Minerals has launched a $240 million equity raising to fund its acquisition of Altura Mining’s Pilgangoora lithium project. Mar 6, 2020 · Australia’s Altura Mining said on Friday it has secured a new financing package totalling A$305 million ($202 million) which it expects to bolster its operations in a weak lithium market. ASX ANNOUNCEMENT | 31 July 2020 . Morella is currently engaged in exploration activities on projects, strategically located, in Tier 1 mining jurisdictions in both Western Australia and the United States of America. Jun 1, 2016 · M&A October 28, 2020. The results reflect positively on the construction, commissioning and commercial production from its flagship Altura Lithium Project located at Pilgangoora in Western Australia. 49pm Mr Brinsden, who locked in a battle for control of embattled rival producer Altura Mining’s assets, said it had become a case of survival of the fittest as prices Aug 15, 2024 · Pilbara Minerals has not made an acquisition since it gobbled up Pilgangoora neighbour Altura Mining in 2020 after a collapse in lithium prices. Dec 1, 2020 · December 1, 2020. AX> lithium project for about $175 million. Oct 26, 2020 · – Australian lithium producer Altura Mining has entered receivership, Reuters reports, hit by a prolonged period of low prices for battery materials that has been exacerbated by the COVID-19 pandemic. Sep 24, 2020 · Altura readies for offtake vote . AX> said on Wednesday it had entered into a conditional agreement to acquire Altura Mining Ltd's <AJM. Altura Mining Limited (ASX: AJM) (“Altura” or the “Company”) is pleased to announce the results of the Stage 2 Definitive Feasibility Study (DFS) completed on its 100% owned Pilgangoora Lithium Project in Altura Mining Limited, an ASX listed entity is mainly focused on the development of its 100% owned Pilgangoora Lithium Project in the Pilbara region of Western Australia. It holds interest in the Altura Lithium Project located at Pilgangoora in Western Australia. Altura Mining Limited (AJM) is focused on supply of lithium raw materials, with Altura Lithium Project at Pilgangoora and is a hard rock lithium product supplier. Check alturamining valuation, traffic estimations and owner info. Dec 19, 2018 · Altura Mining has progressed well from when I last wrote on them in late 2016, having now become a lithium spodumene producer. Sep 5, 2018 · Altura Mining has officially opened its Altura lithium project in Pilgangoora, 123km from the town of Port Hedland in Western Australia. Then, in 2019, as they ramp up, they get valued at 75% of Oct 29, 2020 · Following the appointment of KordaMentha as the Receiver of Altura Mining Limited 1 on 26 October 2020, Pilbara Minerals Limited has entered into an Implementation Deed with the senior secured loan Following the appointment of KordaMentha as the Receiver of Altura Mining Limited “Altura” 1 on 26 October 2020, Pilbara Minerals Limited “Pilbara Minerals” or the “!ompany” ASX: PLS c has entered into an Implementation Deed with the senior secured loan noteholders of Altura “Loan Noteholders” which provides it with a path to Jan 31, 2020 · Altura Mining Limited ABN 39 093 391 774 . Altura Mining has completed a strategic review of its Western Australian lithium agreement with Sayona Mining in the Pilbara region. Feb 12, 2020; Sarah Thompson, Anthony Macdonald and Tim Boyd; Street Talk; Aug 9, 2018 · Altura entered another off-take agreement with Lionergy, a lithium product specialist group, for a minimum of 100,000t spodumene concentrate a year. Record quarterly production of 47,181 wmt of lithium concentrate. Altura Mining Limited ABN 39 093 391 774 . Operating results Jun 3, 2020 · Altura Mining Limited advised that it has completed strategic review of its Earn-in Agreement with Sayona Mining Limited over its Western Australian lithium portfolio, located in the world-class Pilbara lithium mining district. Secured creditors, like banks, are at the top. In March 2018, steel manufacturer Posco signed a partnership deal to buy lithium from Pilbara Minerals and establish a downstream processing joint venture in South Korea. com) – Lithium miner Altura Mining has secured a A$305-million financing package to strengthen its balance sheet. Oct 27, 2020 · Australian lithium producer Altura Mining Ltd has entered receivership, administrator KordaMentha said, hit by a prolonged period of low prices for battery materials that has been exacerbated by Jan 21, 2021 · The acquisition will provide Pilbara Minerals 100 per cent ownership of the Altura lithium project, which grants the former with control of the largest independent hard-rock lithium mining and Mar 6, 2020 · PERTH (miningweekly. No matter how deserving a business was of flotation, momentum was halted by concerns of when a ‘new normal’ of working patterns and trade would set in. 2019 PE is 11. Oct 3, 2012 · About Altura Mining Limited (ASX:AJM) “Aggressively building independently sustainable businesses that deliver profitability, liquidity and growth in coal, iron ore and non-ferrous mining and exploration” - The Altura Vision Altura is a multi-faceted miner with significant coal, iron ore and lithium projects in Indonesia and Australia, a Morella Corporation Limited (ASX:1MC), formerly Altura Mining Limited (ASX:AJM), is a lithium focused exploration and resource development company. The West Jun 4, 2020 · Lithium developer Sayona Mining has affirmed its focus on its Western Australian exploration tenements, particularly those falling within an earn-in agreement with fellow-listed Altura Mining, following a strategic review. Highlights . In June 2020, Sayona announced a strategic review of these assets, under which the Company has Dec 14, 2020 · Pilbara Minerals is inching closer to calling the Altura lithium project in Western Australia its own as it launches a $240 million equity raising to fund the acquisition. Altura Mining is a mining company based in Western Australia, specializing in the exploration and production of lithium. 5m capital raising at 0. The company operates in the commercial market of lithium mining and processing, catering to the growing demand for lithium-ion batteries used in various industries such as electric vehicles and renewable energy storage. , Ltd (“Shanshan”), a global leader in the production and sales of Oct 29, 2020 · Salomae Haselgrove October 29, 2020, 8:38 am October 29, 2020. The Company has agreed with its existing loan note holders amend the terms of the loan notesto , the The latest stock prices for Altura Mining (ASX:AJM), market announcements, articles, fundamentals, trends, sentiment, charts, discussion and more. WA is in the box seat […] Dec 14, 2020 · 14 DECEMBER 2020 EQUITY RAISING LAUNCHED TO FUND THE ACQUISITION OF THE ALTURA LITHIUM PROJECT HIGHLIGHTS • The approval by ALO creditors and execution of Pilbara Minerals’ sponsored DO!A on 11 December 2020 satisfies an important pre-condition to the proposed acquisition of the neighbouring Altura Project for US$175 million1. 47pm. Jun 19, 2020 · Altura Mining Ltd said on Friday it had signed multi-year lithium supply contracts with its second-largest shareholder Ningbo Shanshan Co Ltd , sending its shares more than 30% higher. Fitch Ratings - Sydney - 02 Dec 2019: Fitch Ratings has assigned Australia-based Altura Mining Limited (AJM) a first-time Long-Term Foreign- Currency Issuer Default Rating (IDR) of 'CCC+'. The pegmatites are hosted within amphibolites which have a mafic and ultramafic volcanic origin. Jun 2, 2021 · Altura Mining Limited – ASX Announcement – 02 June 2021 Page 3 of 3 About Altura Mining Limited (ASX: AJM) Altura is an exploration and resource development company, focussed on lithium and battery minerals. 13 each. Dec 1, 2020 · Lithium miner Pilbara Minerals has entered into a share sale agreement with the administrators of fellow listed Altura Mining to gain ownership of Altura’s Pilgangoora lithium project, in Oct 29, 2020 · Altura Lithium Operations (ALO) is a 100 per cent-owned subsidiary of Altura Mining that owns and operates its Altura lithium project located to the west of Pilbara Minerals’ Pilgangoora lithium-tantalum mine. 14/12/2020 - 13:00 Mining Altura Mining Limited. Contractors involved. 2020, 10:02 am Apr 19, 2021 · In the September 2020 quarter, Altura’s shipped over 50,000 wet metric tonnes to long term offtake partners with an average ore grade of 1. Jan 19, 2021 · As of December 11, 2020, the creditors of Altura Lithium Operations Pty Ltd has approved the transaction at the second meeting of creditors. 2020 » Hours: 6265 » Operating Weight Aug 3, 2019 · The first 10,000-tonne shipment of lithium spodumene concentrate is scheduled for August, with the remaining 2019 allocation of 40,000 tonnes to ship up until February 2020. Pilbara Minerals earlier this Feb 6, 2012 · (EnergyAsia, February 6 2012, Monday) — Australia’s Altura Mining said it expects to start mining its fully-owned Tabalong coal deposit in Indonesia’s South Kalimantan sometime this year upon receiving full government approval. 24th September 2020 By: Esmarie Iannucci - Creamer Media Senior Deputy Editor: Australasia Sep 27, 2018 · Spodumeme product at Altura’s Pilgangoora Lithium mine. Pilbara Minerals earlier this Dec 1, 2020 · Dec 1 (Reuters) - Australia's Pilbara Minerals Ltd said on Tuesday it has agreed to buy the lithium assets of troubled peer Altura Mining Ltd for $175 million, in further sector consolidation that Jun 19, 2020 · Altura Mining Limited (ASX: AJM) “Altura”() is pleased to advise that it has secured both a contract for 2020 and a multi-year Binding Offtake Agreement (BOA) with ongshan Lithium Co. 28 October 2020. A new beginning Dec 1, 2020 · November 30, 2020 — 10:03 pm EST. Rachael Jones: Hello, I'm Rachael Jones for the Finance News Network. This milestone, which has officially transitioned the company from a developer to a miner, comes just 16 months after breaking ground at the Pilgangoora site in March 2017. 9 billion set in 2018. AX said on Tuesday it will buy the lithium operations of troubled peer Altura Mining Ltd AJM. On 30 June 2018, the AU$255m market-cap posted a loss James Brown is a mining engineer with extensive operational and development experience in the mining industry, including 22 years at New Hope Corporation. Recently, sentiment has changed. Fitch has also withdrawn the 'CCC+(EXP)' expected rating with a Recovery Rating of 'RR4' assigned to AJM's proposed US dollar senior secured notes. What to read next Fluorspar supply tightness to ease in China; demand to rise from booming ESS sector | 2025 preview Oct 28, 2020 · Altura Mining has not thrown in the towel on its $150 million recapitalisation proposal just yet. Oct 26, 2020 – 6. ASX shares I would buy to follow 3 booming sharemarket trends in 2020. Jun 4, 2020 · Lithium developer Sayona Mining has affirmed its focus on its Western Australian exploration tenements, particularly those falling within an earn-in agreement with fellow-listed Altura Mining, following a strategic review. 18 per cent lithium oxide. Altura intends to continue this night shift arrangement Jan 6, 2020 · Altura Mining Limited. 29th October 2020 By: Esmarie Iannucci - Creamer Media Senior Deputy Editor: after ASX-listed Altura Mining went into voluntary administration earlier this week Feb 13, 2019 · Altura Mining Limited’s : Altura Mining Limited engages in the exploration and development of mineral properties in Australia and Indonesia. Dec 1, 2020 · Pilbara Minerals said on Tuesday it has agreed to buy the lithium assets of troubled peer Altura Mining Ltd for $175 million, in further sector consolidation that suggests a two-year bear market May 17, 2020 · Altura Mining announced in a statement this week that it had signed an offtake agreement with GFL International Co, a wholly owned subsidiary of leading global lithium producer in Ganfeng Lithium. Stocks Down Under 2 July 2020: Macquarie, Pointsbet, Altura Mining Macquarie Group: Growth in Asia and in Asset Management Based in Sydney, Macquarie Group is a diversified global investment bank that offers advisory, banking, financial and investment management services. Pilbara Minerals has secured a conditional agreement to acquire Altura Mining’s lithium operations, including Nov 15, 2017 · Altura Mining (OTCPK:ALTAF) we value them at 50% of the 2020 valuation (which is when we modeled them reaching nameplate capacity). Oct 28, 2020 – 2. 2020 » Hours: 6265 » Operating Weight - MT: 23; Dec 2, 2019 · Altura Mining Limited . The Company is engaged in exploration activities on multiple lithium project opportunities located in Tier 1 mining jurisdictions in both Australia and the United States. entered into an implementation deed with the senior secured loan noteholders of Altura Mining Ltd. Mar 9, 2020 · View our latest analysis for Altura Mining . Jul 20, 2020 · Civmec has commenced a legal proceeding against Altura Mining to recover payment for works that were undertaken two years ago at the Pilgangoora lithium project in Western Australia. 5 cents per share, a 92% discount to its last traded price on 7 August, 2020. `Altura Mining Limited and Controlled Entities Directors’ Report FOR THE YEAR ENDED 30 JUNE 2021 (CONTINUED) 6 Financial position The Group cash and cash equivalents balance at 30 June 202as was $1 372,419 (2020: $2,298,091). Close to securing next door neighbour. As of December 14, 2020, Pilbara completed the equity raising and launched entitlement offer. Oct 27, 2020 · Oct 26, 2020 10:25PM EDT. Jun 24, 2019 · Summary. The acquisition will result in Pilbara Minerals merging the Altura lithium project into its nearby Pilgangoora lithium project. By ICN Bureau | June 19, 2020 Pilbara lithium player Altura Mining (ASX: AJM) has signed a five-year offtake agreement with a subsidiary of the company’s second largest shareholder, battery industry supplier Ningbo Shanshan, covering production from its Pilgangoora project. BY: JESSICA CUMMINS & ELIZABETH FABRI PRODUCTION began at Altura Resources and Pilbara Minerals’ identically named Pilgangoora projects several months ago, and the companies are already eyeing expansions with strong interest from buyers. To ensure material movements aligned with the annual mining plan, a one-in-three nightshift operation was introduced by the mining contractor. . Oct 30, 2024 · “The last time the Ngungaju plant closed, when Altura Mining went into administration in October 2020, it signaled the bottom of the bear market – unfortunately it is unlikely to have the same impact this time round, as more cutbacks are going to be needed to rebalance the market,” Adams said. Altura is a key player in the global lithium market and is leveraging increasing demand for raw materials for manufacturing lithium ion batteries for electric vehicles and static storage uses. The acquisition by Pilbara Minerals of the Ngungaju Plant (previously Altura plant) and associated tenure has opened immense exploration potential in the area. About; 01 December 2020. 35pm. December 2019 . Altura Mining Insider Transactions Over The Last Year. Altura Mining (ASX: AJM) has produced the first batch of lithium concentrate from its flagship wholly-owned namesake lithium project in Western Australia. Altura Mining Limited is a junior western Australian spodumene miner based in Perth, Australia. MANAGEMENT Lithium rebate lifeline. Nov 10, 2020 · Wide-ranging challenges for lithium producers around the world have continued in 2020, with the most recent news coming from Western Australia-focused Altura Mining. for approximately $180 million on October 26, 2020. When it comes to recovering any money, Altura’s shareholders are at the bottom of the heap. 7 per cent discount to Pilbara Minerals’ last traded price on 27 October, which was the signing date of the Implementation Deed. Home News towards capacity, offsetting the suspension of Altura Mining’s operations in October 2020. ,Hunan Y Ltd, a subsidiary of Ningbo Shanshan Co. The company Oct 27, 2020 · Pilbara Minerals Limited signed an implementation deed to acquire Altura Lithium Operations Pty Ltd. 0, and 2020 is 5. 30am and 7. An earn-in agreement with Altura Mining was signed in August 2019, under which Altura agreed to spend A$1. Dec 14, 2020 · Under the agreement, Pilbara Minerals will contribute A$6. 5:1, which was in line with the long-term mining plan. Key Points . 2 As announced on December 1 2020, following a formal receivership process, Pilbara Minerals . com. to potentially acquire the Altura lithium project in Western Australia for US$175 million. QUARTERLY ACTIVITIES REPORT . Save. Mar 6, 2020 · Altura Mining Limited – ASX Announcement – 6 March 2020 Page 2 of 4 Funding package overview . The company’s stock plunged 76% to 1. Altura Mining has awarded the mining contract of the lithium project to NRW, which will be valid for five years. The company plans to start by producing 300,000 to 400,000 metric tons a year of premium grade steam coal at the open-pit mine, eventually… Mar 6, 2020 · Altura Mining: As part of the package, it's current lenders have extended an existing loan facility of $161 million for an additional three years to August 2023, it said in a statement. Feb 11, 2020 · Feb 11, 2020 – 9. Altura Mining Ltd said on Friday it had signed multi-year lithium supply contracts with its second-largest shareholder Ningbo Shanshan Co Ltd, sending its shares more than Mar 9, 2020 · Mon, Mar 9, 2020, 4:00 PM 4 min read. 2020 KOMATSU PC88MR-10 » Listing Type: Used » Class Lithium miner Altura Mining Ltd said on Thursday it has signed an agreement to supply lithium to Chinese battery maker Guangdong Weihua Corp, amid a decline in prices for the product. Australian lithium producer Altura Mining Ltd has entered receivership, administrator KordaMentha said, hit by a prolonged period of low prices for battery materials that Dec 14, 2020 · Pilbara Minerals is inching closer to calling the Altura lithium project in Western Australia its own as it launches a $240 million equity raising to fund the acquisition. Oct 29, 2020 · Oct 29, 2020 – 7. Jun 4, 2020 · Lithium developer Sayona Mining has affirmed its focus on its Western Australian exploration tenements, particularly those falling within an earn-in agreement with fellow-listed Altura Mining Sep 24, 2020 · The shareholders of lithium producer Altura Mining are expected to vote on an offtake agreement with major shareholder Hunan Yongshan Lithium Company on September 25. Jan 21, 2021 · The completion of this landmark transaction follows the satisfaction of all conditions precedent, including: effectuation of the Deed of Company Arrangement (DOCA) approved by ALO creditors as announced on 11 December 2020 and completion by Pilbara Minerals of a A$240 million equity raising to support the acquisition of the Altura Project Altura Mining Limited, an ASX listed entity is mainly focused on the development of its 100% owned Pilgangoora Lithium Project in the Pilbara region of Western Australia. Being part of the same mineralised system, it provides the opportunity for Pilbara Minerals to potentially increase the Mineral Resource and Ore Reserve inventory. Prices will be based on a lithium oxide (Li2O) content formula incorporating published reference prices weighted for lithium carbonate, Altura said. Altura is evaluating several development opportunities in Australia and the United States of America, that Oct 29, 2020 · The latest Altura Mining [AJM] news, articles, data and analysis from The Australian Financial Review To capitalise on the increased demand for lithium, several decisions were made that caused a major financial impact on the mine. Pilbara Minerals Limited entered into a share Nov 14, 2018 · The new agreement provides Altura with a more diverse customer base and locks in 100% of planned production from the recently commissioned flagship Altura Lithium operation located at Pilgangoora in Western Australia. Apr 19, 2021 · Cheeseman was previously the general manager of marketing for Altura prior to the administration process that was initiated in October 2020. Altura entered into the Earn-in Agreement with Sayona last year, with a primary focus on jointly exploring its tenements. Oct 28, 2020 · Pilbara Minerals Ltd. Dec 1, 2020 · In July 2017, Altura Mining secured a $110m senior debt facility to fund the development of Pilgangoora. As of December 16, 2020, completed institutional entitlement offer. Mar 9, 2020 · Mon, Mar 9, 2020, 4:00 PM 4 min read. Debt facility . 2020, 10:02 am 12km of De Grey Mining’s Hemi gold discovery. Jun 19, 2020 · Jun 18, 2020 9:35PM EDT. Log in or Altura Mining. Altura has an experienced in-house team focussed on delivering the Altura Lithium Project into production. Altura raised A$11. June 2020 . Full analysis about alturamining. Altura also has interests in the producing Delta Coal mine and the Tabalong Coal project in Indonesia. AX for $175 million, Apr 19, 2021 · In the September 2020 quarter, Altura’s shipped over 50,000 wet metric tonnes to long term offtake partners with an average ore grade of 1. entered into a Share Sale Agreement with Altura Mining Limited (Receivers and Managers Appointed) (Administrators Appointed) (“ Altura”) and Richard Tucker and John Bumbak in their capacity as joint and several receivers and managers of Altura Dec 14, 2020 · Today, producer Pilbara Minerals (ASX:PLS) launched a $121m entitlement offer, part of a $240m equity raise to fund the acquisition of insolvent neighbour Altura Mining. Mr Brown was appointed managing director of Altura Mining (later known as Morella Corporation) in September 2010, having previously been the group general manager since December 2008. Oct 27, 2020 · Australian lithium producer Altura Mining Ltd <AJM. Oct 27, 2020 · This is to notify all Participants that Altura Mining Limited (Voluntary Administrator Appointed) (the “Company”) has advised ASX Settlement Pty Ltd (ASX Settlement) (ABN 49 008 504 532) of the appointment of voluntary administrators on 26 October 2020. 26 by Altura’s security agent, BNY Trust Company of Australia Ltd. All Altura Mining Limited (AJM) ASX announcements deemed to be price sensitive will be highlighted with . 4 million boost from China-based shareholder Ningbo Shanshan to advance its lithium project in Pilgangoora, WA. Under the agreement, Altura will supply a minimum of 70,000 dry metric tonnes per year until December 2021, with an option to extend the agreement by Jun 5, 2020 · Salomae Haselgrove June 5, 2020, 10:51 am June 5, 2020. 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. May 22, 2018 · Altura Mining has completed the first stage of commissioning at its lithium project in the Pilbara region in Western Australia. 5 cents on Tuesday. mining strip ratio for the financial year was 3. Altura Mining Limited (ASX: AJM) (“Altura” or the “Company”) is pleased to report its financial results for year ended 30 June 2019. said March 6 that it secured a funding package totaling A$305 million that will help fund the company's working capital amid a weak lithium market. Joining me today in Melbourne is managing director of Altura Mining, James Brown. Oct 30, 2020 · This week, debt-laden lithium producer Altura Mining (ASX:AJM) went into voluntary administration. As of June 30, debt was A$146m. Fitch is withdrawing the rating of Altura as Altura has entered bankruptcy proceedings. 1 ALTURA MINING LIMITED ABN 39 093 391 774 Notice of 2020 Annual General Meeting, Explanatory Memorandum and Proxy Form TIME: 10. Altura Mining (ASX:AJM) Managing Director James Brown, talks about its rights issue to raise $21M, production at its Pilgangoora mine in the Pilbara and outlook for lithium demand. The ASX-listed company on Friday told shareholders that it had executed new lending agreements with current lenders to extend the maturity of the existing $161-million loan facility by three years until August 2023, and has completed an equity raise of A$11. La compra proporcionará a Pilbara Minerals la propiedad del 100 por ciento del proyecto de litio Altura, que le otorga a la primera el control de la mayor operación independiente de extracción y procesamiento de litio de roca dura Dec 14, 2020 · 14 DECEMBER 2020 EQUITY RAISING LAUNCHED TO FUND THE ACQUISITION OF THE ALTURA LITHIUM PROJECT HIGHLIGHTS • The approval by ALO creditors and execution of Pilbara Minerals’ sponsored DO!A on 11 December 2020 satisfies an important pre-condition to the proposed acquisition of the neighbouring Altura Project for US$175 million1. Sayona said on Thursday that following a review of its Western Australian assets, the company has taken the decision to retain ten of its most prospective Pilbara lithium Altura Mining signs long-term lithium supply deal with Chinese chemical firm Altura will supply 60,000dmt of spodumene annually to Ningbo Shanshan from 2022. Production and Sales Record monthly production of 17,951 wet metric tonnes (wmt) in October 2019. That single transaction was for AU$15m worth of shares at a price of AU$0. Jan 22, 2021 · Pilbara Minerals aseguró el acuerdo para comprar las operaciones de litio de Altura Mining en octubre de 2020. ASX ANNOUNCEMENT | 31 January 2020 . The new Altura was brought back to life following a successful $8. Oct 29, 2020 · Lithium miner Pilbara Minerals has moved to potentially acquire the Altura lithium project, in Western Australia, for $175-million, after ASX-listed Alura Mining went into voluntary administration Jun 17, 2020 · Fitch Ratings - Sydney - 17 Jun 2020: Fitch Ratings has affirmed Australia-based Altura Mining Limited's (AJM) Long-Term Foreign-Currency Issuer Default Rating of 'CCC+' with a Stable Outlook. Ngungaju (Altura Lithium) Pilgangoora Lithium Project occurs at the southern end of a zone of pegmatite intrusive dykes within the synformal Pilgangoora greenstone belt. Log in or Dec 1, 2020 · PILBARA Minerals' US$175 million bid to acquire the Altura lithium operation had been accepted by the receivers of Altura Mining. He also took on the additional role of interim chief Dec 17, 2021 · ASX company news and announcements for Altura Mining Limited (AJM) are delayed by 20 minutes from the time of their release between 7. Agreement bSSA c entered into late last year with Altura Mining Limited bReceivers and Managers Appointed Administrators Appointed bAltura and the Receivers and Managers of Altura “Receivers” see ASX release, 1 December 2020. Sep 11, 2018 · About Us; Advertise; Subscribe; Contact Us; List Stock; Newsletter Feb 12, 2024 · WA’s Labor government rolled out a 12-month, 50 per cent royalty break for the lithium industry in late 2020 after a price plunge that claimed Altura Mining and Alita Resources. SURFACE Pilbara closing on neighbour. Dec 14, 2020 · Lithium miner Pilbara Minerals has launched a A$240-million equity raising to fund the acquisition of fellow-listed Altura Mining’s lithium project in the Pilbara. The company also provides drilling services primarily to mining and exploration Oct 28, 2020 · Lithium miner Pilbara Minerals Ltd <PLS. 11 December 2020. Altura and Hunan Yongshan Lithium have also reached a binding five-year offtake agreement over the period of 2021-2025 with take or pay provisions commencing from January 2022, the Nov 27, 2007 · Business description: Altura Mining Limited Morella Corporation Limited is an Australia-based exploration and resource development company focused on lithium and battery minerals. 5 Pilbara Minerals (ASX:PLS) share price on watch after announcing Altura Mining acquisition plan. In addition, the SSA provides that deferred consideration is also payable up to 12 months Jun 22, 2020 · Altura will supply Hunan Yongshan Lithium, a subsidiary of Ningbo Shanshan, with 44,000 tonnes of 6% grade spodumene concentrate based on their contract for 2020. Altura Mining continues to make solid progress at its plant with 38,600 dry metric tonnes (dmt) having been loaded and sold; June production is on pace to set record highs. duglmd ohpstz xsmrm kddzdv ouhek vegee vukh jhbbidef ijnf gbime