Australian Mines Limited - Company Profile
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Australian Mines Limited (AML) is a mining and exploration company. The company carries out the exploration and development of scandium, cobalt, copper and nickel. AML’s cobalt and nickel sulphate crystals are used in the production of lithium-ion batteries. It owns and operates battery metal projects which include Sconi and Flemington. The Sconi and Flemington projects are primarily involved in the exploration and development of scandium and cobalt. It serves electric vehicle manufacturers and energy storage industries. AML is headquartered in Brisbane, Australia.
Headquarters
Australia
Address
Level 34, 1 Eagle Street, Brisbane, Queensland, 4000
Website
www.australianmines.com.au
Telephone
61 7 31849184
No of Employees
69
Industry
Metals and Mining
Ticker Symbol & Exchange
AUZ (ASX)
EPS
XYZ
Net Income (2023)
XYZ
29.1%
(2023 vs 2022)
Market Cap*
$9.0M
* As of and is in US$
Australian Mines Limited premium industry data and analytics
Products and Services
| Products |
|---|
| Cobalt |
| Scandium |
| Nickel |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Acquisitions/Mergers/Takeovers | In December, the company acquired Jequie Rare Earth Project (Bahia) and Resende Lithium Project from RTB Geologia E Mineracao. |
| 2021 | Contracts/Agreements | In August, AML and LG Energy Solution entered into a binding long form offtake agreement for the supply of nickel and cobalt. |
| 2021 | Contracts/Agreements | In May, the company entered into an agreement to acquire RAV8 and certain mineral rights from Medallion Metals Ltd. |
Competitor Comparison
| Key Parameters | Australian Mines Limited | Demetallica Pty Ltd | Aldoro Resources Ltd | Korab Resources Ltd | Greenstone Resources Ltd |
|---|---|---|---|---|---|
| Headquarters | Australia | Australia | Australia | Australia | Australia |
| City | Brisbane | Adelaide | Subiaco | Perth | Perth |
| State/Province | Queensland | South Australia | Western Australia | Western Australia | Western Australia |
| No. of Employees | 69 | 4 | - | 20 | 6 |
| Entity Type | Public | Private | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Andrew Luke Nesbitt | Director; Chief Executive Officer | Executive Board | 2023 | - |
| Michael Ramsden | Chairman | Non Executive Board | 2011 | - |
| Tim Maclean | Chief Operating Officer | Senior Management | - | - |
| Oliver Carton | Secretary | Senior Management | 2018 | - |
| Dominic Marinelli | Director | Non Executive Board | 2011 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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