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MINING & PROCESSING

Making it possible to supply battery precursor chemicals from one integrated site

Australian Mines is positioned to become a globally important supplier of advanced battery materials through the proposed development of its 100% owned, Tier 1 Sconi asset.

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Project LIFESPAN

The Mineral Resource Estimate and corresponding ore Reserve Estimate for Sconi indicates the proposed project has a lifespan in excess of 30 years.* The plans for Sconi are to develop the site into a low cost operation by mining and processing of ore into advanced battery precursor chemicals on one single site.

Over the life of the proposed Sconi Project it is expected to produce 1.4 million tonnes of Nickel Sulphate and 0.2 million tonnes of Cobalt Sulphate generating $13.3 billion in total revenue, $5.0 billion of free cash flow with a Net Present Value of $1.47 billion.*

* The information outlined was previously released to the market by Australian Mines via the ASX platform on 13 June 2019. Australian Mines confirms in the subsequent public report that all the material assumptions underpinning the production targets in the initial public report referred to in rule 5.17 continues to apply and have not materially changed.

Mining Rock Wall

Sconi's large scale end to end production will supply battery plants across the world to drive the Electric Vehicle revolution.

$1 Billion

Commercial battery metals production plant planned on-site

2 Million

Tonnes of ore expected production per year

Cost Effective

Sconi's onsite processing will make it amongst the most cost effective in the world

Demand for Cobalt & Nickel continues to grow giving Australian Mines confidence the proposed Sconi Project is an attractive option for finance and off-take partners

We are emerging as a globally significant, partner and supplier to the Electric Vehicle battery industry.

Get on board.


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