Articles On Altura Mining (ASX:AJM)

Title Source Codes Date
Why the Pilbara Minerals (ASX:PLS) share price is up 7% to a record high

The share market may be tumbling lower today but that hasn’t stopped the Pilbara Minerals Ltd (ASX: PLS) share price from charging higher. In afternoon trade, the lithium producer’s shares are up 7% to a record high of $1.55. This latest g...

Motley Fool AJM 2 years ago
High Voltage: Ignore short term market noise, the ‘perfect storm’ for rising battery metal prices is here

Our High Voltage column wraps all the news driving ASX battery metals stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, and vanadium.   The structural shift from fossil fuels to green energy is all but locked in. Now t...

Stockhead AJM 2 years ago
Five ASX penny stocks making a splash today

Summary The BAS share price has notched up 50% to AU$0.003, clocking a volume of 358K share. The MTH share price had quite a volatile session today, surging 46.6% to the day’s high of AU$0.022 and retracing back 22.7% from the high. T...

Kalkine Media AJM 2 years ago
The Pilbara (ASX:PLS) share price is up 20% in two weeks

The Pilbara Minerals Ltd (ASX: PLS) share price has surged ~20% since last Tuesday. This marks 8 consecutive green days for the bullish lithium miner. Today, the Pilbara Minerals share price has edged 0.39% higher to close at $1.30. Why t...

Motley Fool AJM 2 years ago
Last Orders: ASX gains over 1 per cent, led by 4 per cent surge in energy stocks

The ASX 200 rose 1.05 per cent today to 7,218 and the ASX Emerging Companies Index was up 1.25 per cent to 2,194. Energy was the best performing sector, gaining 4 per cent after gains in oil prices overnight. Utilities gained over 2.6 per c...

Stockhead AJM 2 years ago
High Voltage: Switch to EVs happening ‘en masse’ as they get cheaper, faster

The price difference between electric vehicles and their conventional petrol/diesel peers – a key obstacle to widespread EV adoption – is closing at an accelerated rate. Affordability = more EVs on the roads = more demand for battery metals...

Stockhead AJM 2 years ago
Lithium 2.0: Australia’s ticket on the global energy transition express

Lithium 2.0 is one way of describing the revival underway at the small end of a sector which is helping Australia play a leading role in the global energy transition – a thematic every investor should be following, or risk being left behind...

SmallCaps AJM 2 years ago
Pilbara Minerals plots development of Pilgangoora lithium refinery

Pilbara Minerals plans to form a joint venture with tech company Calix to examine the development of a midstream lithium chemicals refinery at the Pilgangoora lithium-tantalum operation in Western Australia. A memorandum of understanding be...

Australian Mining AJM 2 years ago
The lithium sector’s second age is nearly here; these ASX stocks could open a gap on the pack

The lithium sector has been on a tear in recent months with prices in China doubling since the beginning of 2021 while Australia’s Orocobre (ASX:ORE) and Galaxy Resources (ASX:GXY) are coming together in a $4bn merger to form the world’s fi...

Stockhead AJM 2 years ago
High Voltage: Corruption risks weigh on cobalt supply

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, and vanadium. With some 85 per cent of the world’s cobalt originating from jurisdictions with higher levels of co...

Stockhead AJM 3 years ago
Pilbara Minerals sees ‘strong upward trajectory’ in lithium chemicals prices

April spodumene shipment achieves price of $US655 dmt from a Chinese customer ‘Lithium chemicals pricing continued to significantly improve during the quarter, which is now starting to be reflected in the price received for spodumene conce...

Stockhead AJM 3 years ago
Altura shows plenty of promise for Pilbara

Before Altura Mining was acquired by Pilbara Minerals in January this year, the former accomplished some encouraging production results, according to its quarterly report for September, recently released. Claiming ‘unmatched’ operational pe...

Australian Mining AJM 3 years ago
Is Electric Vehicle Era Making Fossil Fuel-Driven Vehicles a History?

Source: emirhankaramuk, Shutterstock Summary With the flourishing EV arena, a few new players are entering the space. Governments are putting resources into the EV foundation to support its development. Semiconductor shortage is an a...

Kalkine Media AJM 3 years ago
High Voltage: Lithium sun is starting to rise as demand improves

Active restocking by battery manufacturers has sent prices of battery-grade lithium chemicals soaring thanks to tight supplies. Fastmarkets noted that domestic Chinese lithium hydroxide prices climbed 4.1 per cent in a week to between 73,00...

Stockhead AJM 3 years ago
Why ASX lithium shares are shooting higher in April

2021 has been a frustrating year for ASX lithium shares, Galaxy Resources Ltd (ASX: GXY), Pilbara Minerals Ltd (ASX: PLS) and Orocobre Limited (ASX: ORE) on the backdrop of an outstanding performance in late-2020. However, April has so fa...

Motley Fool AJM 3 years ago
High Voltage: 12 big-bagger ASX battery metals stocks over the past year, with many more banging at the door

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths and vanadium.   Fun fact: There have been a dozen +11-bagger ASX battery metal stocks over the past 12 months. The...

Stockhead AJM 3 years ago
Kairos Minerals poised to begin drilling Mt York and Roe Hills next month with strong cash balance

After receiving all assays from last year’s campaign at the Mt York gold project, Kairos Minerals (ASX: KAI) is poised to begin another round of drilling next month in search of more gold at Mt York in Western Australia’s Pilbara, with a sm...

SmallCaps AJM 3 years ago
Pilbara Minerals (ASX:PLS) share price climbed 12% today, but why?

The Pilbara Minerals Ltd (ASX: PLS) share price rallied 12% in trade today even though the lithium producer posted no news itself. Looking more broadly across the lithium stocks, it appeared to be a relatively good day of trade for many li...

Motley Fool AJM 3 years ago
2 promising ASX lithium shares to watch closely in 2021

As the world continues to shift away from fossil fuels, optimism surrounding lithium has been on an upwards trajectory. The last time the lithium industry had a similar growth phase was in 2018 when increased consumption primarily from Chin...

Rask Media AJM 3 years ago
Kairos Minerals goes into 2021 exploration with strong cash backing

Pilbara gold explorer Kairos Minerals (ASX: KAI) finished 2020 with a cash balance of $10.4 million which it says will enable the company to press ahead with an “aggressive approach” to Pilbara gold exploration this year. The company says i...

SmallCaps AJM 3 years ago
5 Lithium shares that are fast-charging up in 2021

If there has been one sector that has been grabbing a lot of attention so far in 2021, it is lithium. After surviving a treacherous couple of years with low prices for the battery focused commodity, these lithium shares are now flourishing...

Motley Fool AJM 3 years ago
We have lift-off: Vulcan Energy (ASX:VUL) share price hits new heights

For their ninth consecutive trading session, Vulcan Energy Resources Ltd (ASX: VUL) shares are pushing higher. Upon opening this morning, the Vulcan share price raced to an all-time high of $14.20, up 57%. Vulcan is now catching its breath...

Motley Fool AJM 3 years ago
Why Pilbara Minerals (ASX:PLS) shares shot up 20% in 2021

Summary Shares of Pilbara Minerals Ltd (ASX:PLS) have already surged almost 20 per cent in 2021. The miner posted a record shipment of 70,609 dry metric tonnes of spodumene concentrate to offtake partners in the December quarter 2020....

Kalkine Media AJM 3 years ago
Pilbara Minerals (ASX:PLS) sets new quarterly shipment record

Summary Pilbara Minerals Limited aspires to become a leading player in the lithium industry, a fully integrated lithium raw material and chemical supplier with the lowest cost.   As of 5 January 2021, PLS shares were up 235.71% over th...

Kalkine Media AJM 3 years ago
Pilbara Minerals takes final step in acquiring Altura

Pilbara Minerals is inching closer to calling the Altura lithium project in Western Australia its own as it launches a $240 million equity raising to fund the acquisition. During October, Pilbara Minerals secured an agreement to purchase Al...

Australian Mining AJM 3 years ago
Why everyone’s watching the Pilbara Minerals (ASX:PLS) share price

The Pilbara Minerals Ltd (ASX: PLS) share price remains in a trading halt at $0.88 per share today after the company announced a $240 million equity raising to support a large acquisition. Why is the Pilbara Minerals share price in a tradi...

Motley Fool AJM 3 years ago
Pilbara Minerals (ASX:PLS) Commences Equity Raising to fund Pilgangoora Acquisition

Pilbara Minerals Limited (ASX:PLS) has launched a $240 million equity raising to fund the acquisition of the Altura Mining’s Pilgangoora Lithium Project. Image Source: © Kalkine Group 2020 The Company previously inked a Share Sale Agree...

Kalkine Media AJM 3 years ago
WA Government halves lithium royalty

Galaxy Resources, Pilbara Minerals and Altura Mining are set to receive a royalty rebate support from the Western Australian Government. The three producers will receive a 50 per cent royalty rebate on spodumene concentrate for up to 12 mon...

Australian Mining AJM 3 years ago
Why the PIlbara Minerals (ASX:PLS) share price is charging higher

The Pilbara Minerals Ltd (ASX: PLS) share price is pushing higher again on Tuesday following an announcement. In afternoon trade the lithium miner’s shares are up over 2.5% to 73 cents. What did Pilbara Minerals announce? This afternoon Pi...

Motley Fool AJM 3 years ago
5 ASX 200 broker updates after quarterly earnings season

Big brokers continue to update their price targets throughout the S&P/ASX 200 Index (ASX: XJO) quarterly updates. Here are five ASX 200 shares that have received broker updates amidst October quarterly earnings.  Afterpay Ltd (ASX: APT...

Motley Fool AJM 3 years ago
Explainer: What happens to my shares when a company goes bust?

This week, debt-laden lithium producer Altura Mining (ASX:AJM) went into voluntary administration. When it comes to recovering any money, Altura’s ... Read More The post Explainer: What happens to my shares when a company goes bust? appeare...

Stockhead AJM 3 years ago
Pilbara Minerals emerges as front-runner to buy Altura

Pilbara Minerals has secured a conditional agreement to acquire Altura Mining’s lithium operations, including the Pilgangoora site that neighbours its own flagship mine in Western Australia. Under the $US175 million ($248 million) proposal,...

Australian Mining AJM 3 years ago
Material Matters: New Energy, Lithium & Coal

A glance through the latest expert views and predictions about commodities. New energy; lithium; coal; and copper. -Emissions from fuel combustion likely peaked in 2019-Small deficit may arise in lithium if Pilgangoora ceases production-Mac...

FNArena AJM 3 years ago
Pilbara Minerals’ $247m bid for Altura project could spark lithium M&A

Pilbara Minerals and Altura loan note holders have agree to a deal for Altura Mining's WA lithium project. ... Read More The post Pilbara Minerals’ $247m bid for Altura project could spark lithium M&A appeared first on Stockhead.

Stockhead AJM 3 years ago
Pilbara Minerals (ASX:PLS) share price on watch after announcing Altura Mining acquisition plan

The Pilbara Minerals Ltd (ASX: PLS) share price will be on watch after it announced a conditional agreement to acquire the operations of fellow lithium miner Altura Mining Limited (ASX: AJM). What was announced? Altura Mining recently fell...

Motley Fool AJM 3 years ago
Recap vs fire sale: fight brews at Altura Mining

Altura Mining has not thrown in the towel on its $150 million recapitalisation proposal just yet. 

AFR AJM 3 years ago
Pilbara, Galaxy face off for Altura Mining

Pilbara Minerals and Galaxy Resources have rushed straight to Altura Mining's lender group to try and stitch up a snap deal to acquire the lithium play. 

AFR AJM 3 years ago
Altura up for sale as lithium troubles take toll

Altura Mining has folded under the pressure of the struggling lithium market, with the company set to start a sale process as its Pilgangoora operation in Western Australia is placed on care and maintenance. Hit by lithium oversupply and ot...

Australian Mining AJM 3 years ago
NRW Holdings provides Altura Mining update

Leading Australian resources and infrastructure contractor NRW Holdings (ASX: NWH) today noted the appointment of KordaMentha as Receivers and Managers to Altura, as outlined in the ASX announcement of 26 October 2020. NRW, together with s...

Investor Insight AJM 3 years ago
ASX-listed Altura Mining in receivership; $150m recap sinks

Administrators have been appointed at listed lithium play Altura Mining, throwing its $150 million recapitalisation plans into doubt. 

AFR AJM 3 years ago
Lithium play Altura Mining digs in for $150m recap

Western Australian lithium miner Altura Mining is putting the finishing touches on a $150 million-plus equity raising designed to dramatically reduce the company's debt.

AFR AJM 3 years ago
Altura shipments exceed output amid challenges

Altura Mining has picked up its operations at the Altura lithium project in Western Australia as workers returned to pre-COVID-19 rosters. Altura reported that production had been consistent and was expected to reach 43,000 to 45,000 wet me...

Australian Mining AJM 3 years ago
Does the Renascor Resources Share Price Have Gold Fever?

Renascor Resources Ltd [ASX:RNU] is a graphite explorer and developer, but its share price is up big today with a gold discovery announcement. RNU holds a number of tenements in key mineral provinces in South Australia. Its main project, th...

Daily Reckoning AJM 3 years ago
Lucky 13 Sends Altura Mining’s Share Price Higher (ASX:AJM)

The share price of lithium producer Altura Mining Ltd [ASX:AJM] has moved higher today on the news of gold being discovered at its Lucky 13 Prospect. The AJM share price was flat last week despite the release of its quarterly activities rep...

Daily Reckoning AJM 3 years ago
Civmec launches legal suit against Altura

Civmec has commenced a legal proceeding against Altura Mining to recover the payment for works that were undertaken at the Pilgangoora lithium project in Western Australia two years ago. Civmec stated that it was owed around $4.5 million ex...

Australian Mining AJM 3 years ago
Altura forms key agreement with Chinese lithium producer

Altura Mining has secured a supplier contract and multi-year offtake agreement with global lithium leader and Altura shareholder, Chinese-based Hunan Yongshan Lithium. The agreement cements the relationship between Altura and Hunan Yongshan...

Australian Mining AJM 3 years ago
WA community battery installation part of positive trend for battery metals

Home solar is becoming increasingly common as more households tap into the power of the sun to lower costs or reduce their impact on the environment. That’s a fantastic option but it only works when the sun is out and most queries about hou...

Stockhead AJM 3 years ago
Altura Mining signs multi-year lithium offtake deal with Chinese major shareholder

Pilbara lithium player Altura Mining (ASX: AJM) has signed a five-year offtake agreement with a subsidiary of the company’s second largest shareholder, battery industry supplier Ningbo Shanshan, covering production from its Pilgangoora proj...

SmallCaps AJM 3 years ago
Battery Metals: Lithium producer Altura surges to 8-month highs on long-term offtake deal

Some good news for WA’s beleaguered lithium sector as Altura (ASX:AJM) locks in a binding, multi-year offtake agreement with battery materials manufacturer and major shareholder Shanshan. China-based Shanshan has market cap of ~$2.7bn and i...

Stockhead AJM 3 years ago
Altura secures binding offtake with key shareholder

WHILE its peers may be getting slammed by the lithium slump, Western Australia's Altura Mining has just secured the holy grail for spodumene ...

Mining News AJM 3 years ago