AUZ.AX - Australian Mines Limited

ASX - ASX Delayed Price. Currency in AUD
+0.0010 (+4.17%)
At close: 4:10PM AEST
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Previous Close0.0240
Bid0.0240 x 0
Ask0.0250 x 0
Day's Range0.0240 - 0.0260
52 Week Range0.0180 - 0.1025
Avg. Volume11,500,026
Market Cap77.085M
Beta (3Y Monthly)10.46
PE Ratio (TTM)N/A
EPS (TTM)-0.0030
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Australian battery materials plant eyes financing deal by end-June
    Reuterslast month

    Australian battery materials plant eyes financing deal by end-June

    The company is talking with South Korean battery maker SK Innovation to finalize an offtake agreement after reaching a preliminary deal in March 2018. "It's a resources project with a large capex and we are asking for a lot of money," Managing Director Benjamin Bell told Reuters of the project that would restart a shuttered nickel mine in rural Queensland state. Australian Mines was one of more than half a dozen Australian and Canadian developers of cobalt-nickel deposits talking with battery and automakers last year as cobalt and nickel prices soared on an anticipated boom in electric vehicles.

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