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AUSTRALIAN MINES LIMITED - Discussion

Australian Mines Limited is an Australia-based producer and supplier of technology metal... Australian Mines Limited is an Australia-based producer and supplier of technology metal materials to the electric vehicle and energy storage industries. The principal activity of the Company is the pre-development of its Sconi Project located in North Queensland, Australia. The Sconi Project is a source of advanced battery materials, which is located in Greenvale, Queensland, approximately 220 kilometers (km) northwest of Townsville, focusing on delivering the carbon neutral certified nickel and cobalt. It has two other early stage, green metals, exploration, and development projects, including the Flemington Project (cobalt-scandium-nickel-copper-gold) in New South Wales and the Lennard Project (nickel sulfide) in Western Australia. Its battery- grade nickel and cobalt crystals are critical materials for the production of lithium-ion batteries. The Company also operates Jequie Rare Earth Project (Bahia State) and the Resende Lithium Project (Minas Gerais State).More