• Signed off-take agreement term sheet with leading global electric vehicle battery manufacturer SK Innovation for 100% of the cobalt and nickel production from Sconi Cobalt-Nickel-Scandium Project in Queensland
• Initial agreement for 7-year period with a further 6-year extension option with quantities of agreed offtake volumes of 12,000 tonnes per year of cobalt sulphate and 60,000 tonnes per year of nickel sulphate
• Collaborating with SK Innovation to optimise Bankable Feasibility Study on the Sconi Project
• Assistance from SK Innovation in optimization of Sconi’s processing plant and mining operation through sample validation at battery level for hybrid and electric vehicles (xEV) is expected
• Australian Mines’ Sconi partner, Korean-headquartered SK, is the world’s 57th largest company with annual revenue in excess of US$120 billion
• Option agreement for SK Innovation to acquire up to 19.9% of Australian Mines’ ordinary shares
• Confirms Sconi Project’s status as Australia’s most advanced project of its type and Australian Mines as a leader in the Australian cobalt sector
• Sconi Project is held 100% by Australian Mines
- Forums
- ASX - By Stock
- AUZ
- Ann: AUZ partners with SK Innovation to develop Sconi Project
Ann: AUZ partners with SK Innovation to develop Sconi Project, page-2
-
- There are more pages in this discussion • 277 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
Add AUZ (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.8¢ |
Change
0.001(6.67%) |
Mkt cap ! $11.18M |
Open | High | Low | Value | Volume |
0.8¢ | 0.9¢ | 0.8¢ | $56.30K | 7.011M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
39 | 10199308 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 2965332 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
38 | 8799308 | 0.007 |
33 | 49424111 | 0.006 |
14 | 31150199 | 0.005 |
9 | 8654750 | 0.004 |
2 | 2400000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 2822475 | 12 |
0.010 | 3994631 | 25 |
0.011 | 4797820 | 13 |
0.012 | 3385705 | 6 |
0.013 | 2831000 | 7 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
AUZ (ASX) Chart |