Asian Battery Metals PLC is a multi-asset critical mineral focused exploration company in Mongolia. The company has an experienced board, management, and operation team that has aspirations to deliver exploration results to achieve potential development and mining in the future. The assets include the advanced stage Oval Cu-Ni, Khukh Tag graphite projects, and early-stage lithium exploration. BHP Xplor selected the company in the 2023 Cohort to accelerate its exploration concept of the Oval Ni-Cu project.
Cash: A$6.8M (30 June 2024)
Debt: NIL
Major shareholders:
Mr Gan-Ochir Zunduisuren – 10.78%
Mr Amgalan Sandag – 9.41%
Asia Ventures Pty Ltd – 5.01%
Spectral Investment Pty Ltd – 3.54%
Dragon Tree Capital Holdings Pty Ltd – 3.09%
Management Ownership – 17.65%