Original article by Brad Thompson
The Australian Financial Review – Page: 32 : 14-Nov-17
Altura Mining is on target to commission its $170 million Pilgangoora lithium project in Western Australia’s Pilbara region during the March 2018 quarter. Altura has contracts with J&R Optimum Energy and Lionenergy that will see both firms take at least 100,000 tonnes of spodumene concentrate per annum for an initial period of five years. J&R Optimum Energy is Altura’s major shareholder. Altura is targeting initial annual production of 220,000 tonnes, with plans to double output to 440,000 tonnes.
ALTURA MINING LIMITED – ASX AJM, J & R OPTIMUM MINING, LIONENERGY, PILBARA MINERALS LIMITED – ASX PLS, BLACKROCK INCORPORATED, NEW HOPE CORPORATION LIMITED – ASX NHC