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Australian Mines Committed To EV Sector
Australian Mines Says Offtake Agreement With SK Innovation Terminated
Australian Mines Signs Off-Take Agreement With SK Innovation For Sconi Project
Australian Mines Limited is a resource company pursuing in the production and supply of battery and technology metals to global markets. The Company is developing cobalt-scandium-nickel projects in Australia, more sustainable energy sources. Its flagship Sconi project is one of very few large ore bodies of its type in Australia and is also considered the most advanced towards production. All relevant mining and environmental licenses are in place for development of a mining and processing operation. The Pre-Feasibility Study for Sconi was-based on throughput estimated to deliver an annual average production of 3,010 tonnes of cobalt sulphate, 24,420 tonnes of nickel sulphate and 77 tonnes of scandium oxide for at least the first 20 years, with average feed grades being 0.11% cobalt, 0.81% nickel and 109 g/t scandium. It is building a demonstration size cobalt-nickel-scandium processing plant in to fast-frack negotiations with potential off-take customers and project financiers.
Level 34, 1 Eagle Street
Non-Executive Independent Chairman of the Board
Chief Financial Officer
Chief Operating Officer
Benjamin John Bell
Managing Director, Executive Director
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Battery materials developer Australian Mines Ltd said on Friday a cobalt and nickel supply agreement with South Korean battery maker SK Innovation has been terminated.
Battery materials developer Australian Mines Ltd said on Tuesday it signed an off-take agreement to supply battery-grade cobalt and nickel sulphate to South Korea's SK Innovation.
Shares of battery and technology metals developer Australian Mines Ltd surged on Tuesday after the company signed an off-take agreement with South Korean battery maker SK Innovation for nickel and cobalt from its flagship Sconi project.
Shares of battery and technology metals developer Australian Mines Ltd surged on Tuesday after the company signed an offtake agreement with South Korean battery maker SK Innovation for nickel and cobalt from its Sconi project.
Battery and technology metals developer Australian Mines Ltd said on Monday it signed a deal with Korea's SK Innovation Co Ltd to supply cobalt sulphate and nickel sulphate from its flagship Sconi project.
* SIGNS AGREEMENT WITH SK INNOVATION FOR 100% OF COBALT AND NICKEL PRODUCTION FROM SCONI COBALT-NICKEL-SCANDIUM PROJECT Source text for Eikon: Further company coverage:
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