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Countdown to production... Altura is rapidly developing its key commodities in coal and iron as two of its key projects move into production.
Altura is a multi-faceted international mining company with a diversified portfolio encompassing a significant coal mine to be developed in Indonesia, a DSO iron ore project in the Pilbara and a world-class lithium project in Western Australia.
The next few years at Altura will be a time of significant expansion, with Altura’s key project, Tabalong Coal in East Kalamantan, scheduled to commence production in 2012. Initially starting with 300,000 to 400,000 tonnes per annum, Tabalong is destined to be the first major coal asset in a much sought after coal portfolio.
Altura’s Mt Webber joint venture, with successful Pilbara iron ore miner Atlas Iron Limited, is planned to move in to production the following year, with a production target of 3 million tonnes of iron ore per annum.
By 2014, Altura Lithum, one of the largest known high grade deposits of hard rock lithium in the world, is likely to start operations, signalling a new era in low cost lithium.
With an enviable project list, a strong balance sheet and an experienced management team, Altura is advancing from exploration to production in record time to deliver unprecedented growth. |
