• Indonesia is one of the world’s largest producers of Nickel.
  • Altilium has agreed commercial terms and is performing due diligence under an exclusivity period of one Nickel and Cobalt mine in Sulawesi, Indonesia.
  • The nickel can be sold short term for cash generation to Ferro Alloy smelters with Nickel Cobalt suited for EV batteries.
  • Supports the medium term plan to focus on processing the Ni-Co and Manganese ores from group mines in company Altilium Battery Metals.
  • Subject due diligence, Altilium 67.25% ownership expected October 2021.

Altilium Metals Nickel and Cobalt