Altura Mining has commenced loading of its maiden cargo of spodumene concentrate from Port Hedland.

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Cargo awaiting transfer to Qube Port loading facility

The initial cargo of approximately 5,000 dry metric tonnes is being loaded onto the vessel MV Clipper Tenacious destined for China, and purchased by Altura’s offtake partner, Lionergy Limited.

Final product testing of the cargo is ongoing, with Altura reporting that its processing plant consistently delivering above-specification spodumene concentrate of >6 per cent Li2O and less than 1.05 per cent Fe2O3.

Commenting on the start of shipping from the Altura Lithium Project, Managing Director James Brown said the event was a further major milestone for the Company.

“I am extremely proud of the entire Altura team as we prepare to see off our maiden shipment of high-grade lithium concentrate. It takes a lot of hard work and a high-level of commitment from each team member, and to achieve producer status in just over 18 months is just a fantastic achievement.

“We are especially pleased with the above-specification quality of spodumene concentrate that has been produced for this maiden cargo which is a testament to the performance of the processing plant.

“However, the hard work does not stop here. We remain focused on the continued ramp-up of Stage-1 production to nameplate capacity over coming months. Meanwhile we continue to field enquiries from potential offtake partners and are seeing strong demand from North Asia.”

The Company also would like to clarify the timing aspect of the shipment. The vessel nomination was accepted by the Pilbara Ports Authority with a laycan opening date of 15 September 2018 in line with Altura’s recent update.

Due to port maintenance the vessel MV Clipper Tenacious and other booked vessels were not able to berth until completion of the works on 29 September 2018, with each vessel then loaded as determined by the Pilbara Ports Authority.

Laycans have also been confirmed for Altura’s second shipment with a current loading date expected in the second half of October 2018.


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