Admiralty Resources

Iron Ore Mines, Sinter Feed Fines, Lithium Chloride, Mines Chile, Resources Companies, Lithium Production, Melbourne, Australia

Admiralty Resources
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TOPSTOCKS Questions & Answers - Updated 06/05/2008
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08/04/08 - Admiralty - All Fired Up (SMH)
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16/04/2008 - Potash Prices Soaring
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Latest News - Mining in Argentina
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Latest News - Lithium & Batteries
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Mandarin Moon sailed from the Caldera Port on the 14th of April with 37,950 tonnes. We are expecting the next vessel in May for the second of the last handymax shipments remaining for the WISCO 06 contract .
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Admiralty Resources Project and Mineral Portfolio

Project Mineral Deposits
Rincon Salar Lithium, Potash, Sodium
Cia Minera Santa Barbara Iron Ore
Pyke Hill Cobalt, Nickel
Bulman Zinc, Lead

Iron Ore Project, Chile

  • Admiralty Resources NL has a 60% interest in the Sociedad Contractual Minera Santa Barbara's iron ore mines.
  • 10,876 hectares of iron ore tenements.
  • JORC measured and indicated resource of 89,000 million tonnes of iron ore with an iron content averaging 18%.
  • Production of 60,000 tonnes per month of magnetite iron ore averaging 63.5% iron with phosphorous at 0.06%, silicon at 4% and sulphur at 0.01%.
  • Iron ore is shipped out of Caleta, Caldera in handymax ships, and in the last quarter of 2008 out of Candelaria in panamax ships.
  • A number of distribution partnerships have been formed including ITOCHU Japan acting as agents for Japan and China.
  • A cape size port will be built in 2009/10 to ship up to 7.2 million tonnes from Port Alcalde, 55km from the Santa Barbara mines.
  • Environmental approval received for 3.9m tonnes per annum from the Japonesa Group of mines.
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Rincon Salar Project, Argentina

  • A world class resource rich in lithium, potassium, sodium and magnesium.
  • Key resources are lithium carbonate, lithium chloride, lithium hydroxide, potassium chloride, sodium sulphate and magnesium.
  • Resource, due diligence and extraction methods for key resources have been finalised.
  • The current market purchase price per tonne for lithium chloride (April 2007) exceeds US$6,600 per tonne.
  • Lithium carbonate demand is growing due to an increase in lithium polymer battery consumption in hybrid cars and other applications.
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