Quarterly Activities Report – Dec Qtr 2013

Highlights

Coal

  • During the quarter 355,593 tonnes of coal produced from the Delta Coal mine – AJM share 118,531 tonnes.
  • Strong sales during the quarter of 452,332 tonnes (AJM share 150,777 tonnes).
  • Successful negotiation of reduced mining rates with Delta earthmoving contractors.

Iron Ore

  • 50% of Stage 1 mining development complete with project on time and on budget.
  • Mining operations began during December, with first haulage to the port planned for the June quarter 2014.
  • Approval of Stage 2 (up to 6 Mtpa) potentially by end of Q1 2014.

Lithium

  • Baseline environmental studies completed and draft reports received during the quarter, no significant matters identified.
  • Altura continues search for off-take partner to develop world class Pilgangoora project.

Garnet

  • Process for potential divestment of Balline Garnet Project continues.

 

Further details

Posted in 2014 ASX