Australian Mines Limited (ASX:AUZ)
Australian Mines Limited is an Australia-based company, which produces and supplies of technology metal materials to electric vehicle (EV) and energy storage industries. The Company is engaged in the development of Cobalt-Nickel-Scandium Projects in Australia. The project has continued to expand the applications for the technology metals sourced from the Sconi Project and has commenced production of cathode precursor materials for Nickel-Cobalt-Manganese (NCM) batteries used across the electric vehicle industry. The Company produces NCM cathode precursor materials to maximize the value that can be realized from the Sconi Project by capturing more of the EV value chain. The project is capable to produces battery materials and scandium oxide.