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Company News Summary

Altura Mining Provides Shipping and Operations Update

14 Sep 2018  |  09:36:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Altura Lithium Project - Shipping and Operations Update

Altura Mining provided update in relation to operations and shipping from its 100% owned Altura Lithium Project at Pilgangoora. Production from the Altura Lithium Mine commenced on 25 July 2018 with the first haulage of spodumene product to the Qube storage facility in Port Hedland following on 7 August 2018. Current mining operations are proceeding as planned with good overall recoveries from the mine, with run-of-mine (ROM) stocks currently at 130,000t with an average grade of 1.20% Li2O. The ramp up to nameplate production of 220,000t of 6% Li2O spodumene concentrate is targeted for the end of calendar year 2018. The Company's appointed shipping agents have booked and are managing the Company's maiden cargo.

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