Quarterly Activities Report – Sept Qtr 2014

Highlights:

Iron Ore

  • Mt Webber mine officially opened on 15th July 2014.
  • Stage 1 completed in July 2014 along with first haulage of ore to Port Hedland.
  • During the quarter 529,703 tonnes of ore mined – AJM share 158,911 tonnes.
  • Mt Webber mine to produce up to 6 Mtpa (Altura share 1.8 Mtpa) following the completion of Stage 2 of the project scheduled for December 2014.

Coal

  • During the quarter 280,192 tonnes of coal produced from the Delta Coal mine – AJM share 93,397 tonnes.
  • Focus on increasing higher calorie stocks and maintaining consistent monthly production and sales.
  • In-Principle Forest Area approval received from the Indonesian Minister for Forestry for the SPK IUP in the Tabalong project.

Lithium

  • Agreement signed with Pathion Inc. that puts Lithium Corporation in a strong cash position to move forward with its assessment of its graphite properties.
  • Altura continues search for off-take partner to develop world class Pilgangoora project.

Further details

Posted in 2014 ASX