Australian Mines (ASX: AUZ) aims to decarbonise and electrify the world through the development of sustainably and ethically sourced advanced battery materials in Australia. Our flagship Tier-1 asset, the Sconi Project, is development ready to produce nickel-cobalt-manganese (NCM) precursor materials (P-CAM) from a single source for all nickel-based batteries.
When Sconi is projected to come online, it will meet surging demand and an expected supply deficit in the electric vehicle and energy storage industries globally while delivering attractive returns to our shareholders.
Australian Mines has three other promising, early stage 100% owned exploration and development assets around Australia including the Flemington (cobalt-scandium-nickel-copper-gold) and Broken Hill (lead-zinc-silver) Projects in NSW and the Lennard (nickel sulphide) Project in WA providing further asset diversity and potential for our shareholders.