Australian Mines
News
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Australian Mines secures $3.7 million in capital raise
Australian Mines has successfully secured commitments from new institutional, sophisticated, and professional investors to raise about $3.7 million, via the issue of 32.2 million shares and 32.2 million attaching options.
May 24, 2022 0 comment
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ASIC action against Australian Mines
The Australian Securities and Investment Commission (ASIC) has commenced civil penalty proceedings in the Federal Court against Australian Mines for allegedly breaching its continuous disclosure obligations, as well as its (former) managing director and chief executive officer Benjamin Bell for allegedly breaching his directors’ duties.
May 13, 2022 0 comment
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Australian Mines proceeds with offtake pursuit
Australian Mines has continued to seek offtake partners for the Sconi nickel-cobalt project in Queensland.
April 30, 2021 0 comment
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Australian Mines to develop next-gen aluminium alloys
Australian Mines is seeking to develop new aluminium alloys using scandium sourced from the Sconi project in Queensland.
October 12, 2020 0 comment
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Australian Mines reaches carbon neutral milestone
Australian Mines has become the first mineral resources company to be certified as a carbon neutral organisation under the Australian Government’s Climate Active program.
August 19, 2020 0 comment
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QLD backs Australian Mines for Sconi project developmet
Australian Mines is completing pre-development work at the Sconi cobalt-nickel-scandium project in North Queensland, inching it closer to becoming a key supplier to the electric vehicle (EV) market.
July 27, 2020 0 comment
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Australian Mines to appoint engineering contractor by 2020
The Queensland Government is offering funding for Australian Mines to support the Sconi cobalt-nickel-scandium project in North Queensland.
July 15, 2020 0 comment
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Australian Mines to go carbon neutral by mid-2020
Battery minerals developer Australian Mines has set the goal to become 100 per cent carbon neutral by June 30 2020.
April 7, 2020 0 comment
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Australian Mines on track to become leading battery metals supplier
Australian Mines is confident the successful development of its cobalt-nickel-scandium “Sconi” project will put it at the forefront of the battery minerals industry.
November 6, 2019 0 comment
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Australian Mines to re-negotiate Sconi offtake with SK Innovation
Australian Mines has extended its timeline for the Sconi project offtake agreement with Korean electric vehicle battery manufacturer SK Innovation due to project financing concerns.
October 1, 2019 0 comment
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Australian Mines to earn $5bn from Sconi
Australian Mines announced that its Sconi cobalt-nickel-scandium project in North Queensland could generate $5 billion in free cashflow over the mine life.
June 13, 2019 0 comment
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Investor interest turns to Queensland
Australia has announced a new mining initiative, and Queensland, with its abundant mineral resources and world-class assets, can expect to be the centre of investor interest making Brisbane the ideal location for the upcoming Energy Mines and Money event set to showcase mineral, coal, oil and gas projects and match them with global investment.
May 13, 2019 0 comment
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Australian Mines invests in North QLD to support Sconi development
Australian Mines has acquired 13 acres of freehold land to develop its Sconi cobalt-nickel scandium project in North Queensland.
January 22, 2019 0 comment
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Australian Mines moves $1.3bn Sconi project to next step
Australian Mines has released its bankable feasibility study (BFS) for the Sconi cobalt-nickel-scandium project in North Queensland, revealing a capital requirement of $US974 million ($1.35 billion).
November 21, 2018 0 comment
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Australian Mines secures $12m fund for Flemington acquisition
Australian Mines has made an agreement with a New York-based company for $12 million in funding that will be put towards completing the acquisition of the Flemington project in New South Wales.
September 12, 2018 0 comment
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Australian Mines to commence drilling programs at Arunta West
Australian Mines have scheduled four diamond drill holes to test the Arunta West iron oxide copper gold (IOCG) ore deposits at its copper-gold operation in Western Australia.
August 8, 2018 0 comment
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Australian Mines to export record battery-grade cobalt and nickel samples
Australian Mines will export 40kg of battery-grade nickel sulphate and 4kg of battery-grade cobalt sulphate, setting a record for the largest known shipment of such ores mined and processed in Australia.
July 3, 2018 0 comment
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Australian Mines signs 100% offtake with SK for QLD cobalt project
Cobalt developer Australian Mines has signed an offtake agreement with South Korean electric vehicle (EV) battery manufacturer SK Innovation — parent SK Group is currently 95th on the Fortune Global 500 — for 100 per cent of production from the Sconi cobalt-nickel-scandium project in Queensland.
February 22, 2018 0 comment
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Australian Mines’ Perth processing plant on track for January completion
Following the installation of an important autoclave component at its Perth cobalt sulphate processing plant, battery metals producer Australian Mines has advised that the plant is on course for a late January completion.
January 17, 2018 0 comment
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Metallica to offload North Queensland project to Australian Mines
Australian Mines plans to acquire the multi-commodity Sconi project in North Queensland from joint venture partner Metallica Minerals for $10 million.
September 6, 2017 0 comment