Alliance Mineral Assets

Primary ticker: ASX:A40, SGX:40F
Stage of development: Production
Primary minerals: Lithium & Tantalum
Project to promote: Bald Hill Lithium & Tantalum Mine

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Alliance Mineral Assets Limited (AMAL), is a dual-listed (ASX and SGX Catalist) company which commenced lithium (spodumene) concentrate production at its principal project, the Bald Hill Lithium and Tantalum Mine in Western Australia in March 2018. As a result of its merger with Joint Venture Partner Tawana Resources in December 2018, Alliance Mineral Assets now owns 100% of the Bald Hill spodumene mine. The Bald Hill Mine entered commercial lithium concentrate production in July 2018 and production of high-quality lithium and tantalum concentrates at the mine continues to ramp up.

Management Profile

Mark Calderwood – Managing Director

Mr Calderwood is Managing Director of lithium producer Alliance Mineral Assets Limited whose principal project is the Bald Hill Lithium and Tantalum mine in the Eastern Goldfields of Western Australia. Previously Mark was Managing Director of ASX-100 listed gold producer Perseus Mining Limited, a West African Gold producer. Mark has 30 years mineral exploration experience including over 7 years in pegmatite minerals. He is also co-author of the publication “A Guidebook to the Pegmatites of Western Australia.”

What recent news would you like to highlight to investors attending?

Bald Hill Mine Developments
-Discussions underway with prospective offtake partners to secure remaining ~50% of lithium concentrate production from Bald Hill Mine.
– January 2019 a record month for production at Bald Hill Mine.
-Work on Stage 2 of the DMS plant upgrade has commenced at Bald Hill Mine: increased ore processing rates expected in the third quarter of 2019 as a result of upgrade.