AUZ – Australian Mines Ltd


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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

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Company Profile

Australian Mines Limited is an Australia-based producer and supplier of technology metal materials to the electric vehicle and energy storage industries. The Company is primarily involved in the development of Nickel-Cobalt-Scandium Projects in Australia. Its principal activity is engaged in the pre-development of its Sconi Project located in North Queensland, Australia. The Sconi Project is a source of advanced battery materials in Queensland, Australia. Sconi’s end-to-end production supplies battery plants across the world. The Sconi Project, which is located at Greenvale, Queensland, approximately 220 kilometers (km) northwest of Townsville, focuses 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 (NSW) and the Lennard Project (nickel sulphide) in Western Australia (WA).

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