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Altura Mining Limited (ALTAF)

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Last Post: 8/5/2020 12:28:57 PM - Followers: 13 - Board type: Free - Posts Today: 0




Altura is building a leading position in the independent supply of lithium raw materials, with a world class lithium project under construction at Pilgangoora and to be the first new hard rock lithium product supplier in 2018. The Altura team has a track record of delivering mining projects on time and on budget and with solid offtake partners and a world market providing substantial demand and growth opportunities, Altura’s shareholders can look forward to receiving strong returns in the next few years.

Altura is building a leading position in the independent supply of lithium raw materials, with a world class lithium project under construction at Pilgangoora and to be the first new hard rock lithium product supplier in 2018. The Altura team has a track record of delivering mining projects on time and on budget and with solid offtake partners and a world market providing substantial demand and growth opportunities, Altura’s shareholders can look forward to receiving strong returns in the next few years.

Altura’s Pilgangoora is a world class hard-rock open pit lithium mine which will be in production in early 2018.

The project, located at Pilgangoora in Western Australia, is approximately 123km drive from the town of Port Hedland. Road access to the site is via the Great Northern Highway and then Shire roads and station tracks. The Pilgangoora Mining Lease tenements, covering the resource modelling area, are M45/1230 and M45/1231 and cover an area of 394 hectares.
The Pilgangoora deposit will be extracted by open pit methods enhanced by the shallow and thick mineralisation allowing spodumene ore to be extracted from the commencement of mining. Construction of the mine is underway covering mining, processing, logistics and support infrastructure. Mining and processing will commence at the rate of of 1.54Mtpa of ore to produce approximately 230,000 tonnes of lithium spodumene concentrate per annum in Q1 2018. The current life of mine (LOM) is forecast to be 20 years at current rates, but at the request of Altura’s offtake partners, the Company has approved the commencement of an initial Stage 2 expansion study of the project. The Stage 2 scoping study will assist the Company in determining the optimal mine output with the aim of increasing production to 450,000 tonnes annually in order to be aligned with offtake partners’ growth plans.
Concentrate will be exported by ship from Port Hedland to Altura’s lithium aliance partners in China, for further processing into a wide range of lithium chemicals, including lithium carbonate (standard and battery grade), lithium hydroxide, lithium metal, and lithium chloride.

ASX ANNOUNCEMENT | 8 January 2018 PLANT CONSTRUCTION AND DEVELOPMENT OF THE ALTURA LITHIUM PROJECT NEARING COMPLETION ¦ Civil Works are complete with only minor installations required over the  coming weeks   ¦ Key plant items such as the Crushing and Screening Plants, Dense Media  Separation Modules and High Pressure Grinding Rolls are all close to  completion   ¦ Construction on the Run-of-Mine (ROM) Wall is complete  ¦ Practical completion issued on the Tailings Storage Facility  ¦ The Mine Operations Centre is now fully operational and has been  occupied by the Altura and NRW workforce  ¦ The Board has recently approved an owner/operator model for the processing plant after completing a careful market investigation   ¦ Stage 1 construction remains on schedule for first lithium concentrate  sales in the June Quarter 2018  Altura Mining Limited (ASX Code: AJM) (“Altura” or “the Company”) is pleased to advise that the construction and development of the Altura Lithium Project is nearing completion and remains on track for commissioning in Q1 2018 and product sales in Q2 2018. Civil works on the project have reached practical completion, with a total of 6800m3 of concrete being poured over the last six months. The crushing and screening plant is largely complete, with commissioning expected once the main power plant is operational in early March. Dense Media Separation (DMS) modules 1 and 2 are complete from a structural and mechanical perspective, with piping works underway, whilst the High Pressure Grinding Rolls (HPGR) motors and gearboxes have been installed and aligned, with work now progressing on the hydraulic system. Construction of the ROM Wall has been completed and a practical completion status has been issued on the Tailings Storage Facility (TSF). The Mine Operations Centre is also fully operational with both Altura and NRW employees working from the building. Altura Mining Limited – ASX Announcement –8 January 2018  Page 2 of 5 After a careful market investigation, the board of Altura has recently approved an owner/operator model for the processing plant. This owner/operator model will allow Altura to manage and control this vital step in the delivery of an optimal product to the market, and has indicated cost benefits to the Company as compared with other models reviewed as part of the investigation. Key staff have already been recruited and a recruiting campaign has commenced for the remainder of staff who will be required towards the end of February. Altura Managing Director Mr James Brown said he has been very impressed with the development and timeline maintenance of the project to meet the Company’s aggressive timetable for commissioning and production. “The Board and Management of Altura outlined an aggressive timetable when we broke ground in March last year on the Altura Lithium Project, to place the company in a position to become the first major producer in 2018. The work completed since then has been outstanding and to be nearing completion on the mine site within this specified targeted date keeps Altura firmly on track to start commissioning in Q1 2018, with product sales to commence in Q2 2018.” Mine site works near completion on the Altura Lithium Project Altura Mining Limited – ASX Announcement –8 January 2018  Page 3 of 5 Drone photo taken from above the Process Plant control room Ball Mill trunnion ends now installed 

Ore Ready To Be Crushed
Altura Mining Company Website  https://alturamining.com
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#1675  Sticky Note $$$ ALTAF $$$ THIS IS HUGE!!! Kswies 07/01/20 11:14:58 AM
#1698   AJM in Australia keeps going up with a tikotiko 08/05/20 12:28:57 PM
#1697   Yes, very good news: tikotiko 08/02/20 11:27:05 PM
#1696   Yup just read the discovery, Scotttrader80 08/02/20 11:18:40 PM
#1695   We have.... GOLD!! Found 37 nuggets weighing 25 BenRN 08/02/20 09:15:51 PM
#1694   The report looks flawless in terms of operations, tikotiko 07/31/20 04:53:44 PM
#1693   Quarterly activities report is out. Altura looking good. Kswies 07/31/20 01:01:54 PM
#1692   We are at around 25k+ tons in shipments tikotiko 07/27/20 05:15:21 PM
#1691   Altura Mining [ASX:AJM] (OTC:ALTAF) On June 29, Altura Mining toogoodfella 07/27/20 03:45:07 PM
#1690   I hope that the trend will continue Kswies 07/24/20 11:35:11 AM
#1689   Volume seems to finally be increasing. My tikotiko 07/23/20 07:47:06 PM
#1688   It is at this point, if Civmec doesn't Kswies 07/21/20 09:27:50 AM
#1687   Altura Mining Limited (ASX: AJM) (“Altura” or “the Scotttrader80 07/20/20 08:18:07 PM
#1686   Altura's end user agreements are with someone who Scotttrader80 07/17/20 09:40:26 PM
#1685   What exactly is Altura's relationship with China? Is hobartknoll 07/17/20 08:54:10 PM
#1684   It does look better. Altura keeps producing tikotiko 07/15/20 08:38:24 PM
#1683   Altura chart is looking great, I'm excited to Kswies 07/14/20 10:14:37 AM
#1682   Re: Then drop it, I'll buy some more.. —-//——-//——- Buy more toogoodfella 07/01/20 03:57:53 PM
#1681   Then drop it, I'll buy some more....$ALTAF long Kswies 07/01/20 03:40:53 PM
#1680   Why bid price is frozen to 4 cents? Anyone toogoodfella 07/01/20 01:04:48 PM
#1679   Agree. I don't think it has to do Kswies 07/01/20 01:04:05 PM
#1678   100% pop today, imagine where the sp would Scotttrader80 07/01/20 12:38:58 PM
#1677   Looking good, lets make some money. $ALTAF long Kswies 07/01/20 12:35:35 PM
#1676   The market seems to like the news, current Scotttrader80 07/01/20 12:28:48 PM
#1675   $$$ ALTAF $$$ THIS IS HUGE!!! Kswies 07/01/20 11:14:58 AM
#1674   Official announcement of quarterly total shipments (61k tons tikotiko 06/28/20 09:09:15 PM
#1673   Altura just sent another shipment of 16k tons. tikotiko 06/22/20 07:19:20 PM
#1672   ....just before the halt. tikotiko 06/20/20 08:03:12 AM
#1671   Re:..... ....and added a few a while ago... ———//————- May toogoodfella 06/20/20 07:05:23 AM
#1670   Agree. A new refinance will help get tikotiko 06/19/20 09:39:13 AM
#1669   Volume will take care of itself but this instructmba 06/19/20 09:30:16 AM
#1668   Congrats on calling the Stage 2! You tikotiko 06/18/20 09:30:30 PM
#1667   The international department at Fidelity told me that tikotiko 06/18/20 05:54:44 PM
#1666   Yep... They game a similar answer when I contacted tikotiko 06/18/20 04:54:28 PM
#1665   ....doesnt promote itself,.. ——-///———— Trading is halted.. It maybe a toogoodfella 06/18/20 11:39:43 AM
#1663   Sure isnt, I had a order in but Scotttrader80 06/18/20 11:27:35 AM
#1662   Re: Now if we could only get some toogoodfella 06/18/20 10:19:24 AM
#1661   Now if we could only get some volume.... instructmba 06/18/20 10:13:11 AM
#1660   Shipments for the quarter stand at slightly over tikotiko 06/17/20 06:27:15 PM
#1658   90 shares trade, BOY! that spells confidence in Scotttrader80 06/15/20 05:08:25 PM
#1657   The do not answer emails. They are a Kswies 06/09/20 02:43:27 PM
#1655   I emailed the company twice but no answer toogoodfella 06/09/20 10:54:51 AM
#1654   Nope no one does, try the company Scotttrader80 06/09/20 10:48:12 AM
#1653   ANYONE here knows why there is no trading toogoodfella 06/09/20 09:43:58 AM
#1652   We've all seen how little they promote the Scotttrader80 06/05/20 03:47:06 PM
#1651   They are in a sweet spot and the tikotiko 06/05/20 03:31:59 PM
#1650   At least there is some volume, its not Scotttrader80 06/05/20 01:46:23 PM
#1649   Those tenements should ensure production for many years. tikotiko 06/05/20 01:41:41 PM
#1648   Twitter release https://mailchi.mp/3c9b856fd3e1/strategic-review-allows-altura-t Scotttrader80 06/04/20 10:47:38 AM
#1647   unless retail controls the float there isnt much Scotttrader80 05/27/20 04:15:45 PM
#1646   I have kept my core position and have tikotiko 05/27/20 03:40:36 PM