Australian Mines Limited (AMSLF) Financial

Australian Mines Ltd. engages in the exploration and development of mineral properties. The company is headquartered in Brisbane, Queensland. The company went IPO on 2001-09-28. The principal activity of the Company is exploration and evaluation of mineral projects prospective for critical and battery metals, including rare earth elements, lithium, niobium, cobalt, nickel, and scandium. Exploration was advanced across the Company’s portfolio in Australia and Brazil. The Company’s 100%-owned Sconi Battery Minerals Project is located in North Queensland, Australia and approximately 220 kilometers (km) northwest of Townsville, focusing on delivering nickel and cobalt. The company has two other early stage, green metals, exploration, and development projects, including the Flemington Project (cobalt-scandium-nickel-copper-gold) in New South Wales and the Lennard Project (nickel sulfide) in Western Australia. The company also operates Jequie Rare Earth Project (Bahia State) and the Resende Lithium Project (Minas Gerais State).