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On solid ground

Altura is now stronger than ever, with unprecedented liquidity, record growth and a horizon of profitability to move its key projects into production.

Altura is a long-standing and successful public company, backed by a dedicated Board and decades of experience from a team of highly skilled and motivated “hands on” industry leaders.

Based in Queensland, the company's regional headquarters is located at Brookwater, with offices in Subiaco in Western Australia and Jakarta, Indonesia.

From exploration to near-term production, Altura’s key company highlights in the past year include:

  • Coal tenement holdings at Tabalong expanded by 290%
  • 89% Increase in Mineral Resource estimate confirms Altura Lithium’s world class status
  • 18% increase in JORC Reserve at the Mt Webber JV DSO Project
  • 17,200 hectares of prospective high grade thermal coal
  • More than 95% of options exercised
  • 22% revenue growth from Mining & Exploration Services
  • Near term coal production with mine construction likely to start in 2012        
  • $20 million cash position with no virtually debt
  • Transitioning from Australian explorer to South East Asia coal producer

With prudent financial management, solid cash flow from its services arm and strong shareholder support, Altura is well placed to progress its five year strategy to become a major coal operator in South East Asia.