“Cash wave on approach”

With coal production increasing, iron ore production commencing, projects coming online and new projects developing, Altura (ASX: AJM) – with its simple strategy, well executed – has been strongly outperforming the S&P / ASX 200 Resources Index since the start of the year.

And the story only gets better, given Altura’s significant increase in share price this current financial year, compared to peer companies. *

This outstanding shareholder return and unprecedented growth in target South East Asian markets sends a strong signal to the market – Altura is fast becoming a force like no other, a company without comparison.

In recent times, Altura Mining has become synonymous with:

  • Simple operations with strong cash flows
  • A multi-commodity portfolio producing coal and iron ore
  • Sustainable mining operations with low capital intensity
  • Strong financial management and strategy from an experienced management team.

With a diversified commodity production portfolio including both coal and iron – via a one-third-stake in Delta coal (East Kalimantan, Indonesia) and a 30% interest in Mt Webber’s DSO iron ore project (North Pilbara, Western Australia) – as well as other projects approaching production, including Tabalong Coal targets (South Kalimantan, Indonesia) and Pilgangoora Lithium (North Pilbara, Western Australia), Altura is just scratching the surface – ensuring there is more good news to come.

* Morgans Research Report, 25 February 2014

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