Altius Minerals Corp T.ALS

Alternate Symbol(s): ATUSF

Metals & Mining Industrial Metals & Minerals

Altius Minerals Corporation is focused on growing its royalty business through prospect generation and the creation and acquisition of royalties. It diversified mineral royalties from 11 operating mines located in Canada (nine) and Brazil (two) that produce copper, nickel, cobalt, lithium, potash and iron ore. Its segments include Mineral Royalties, Project Generation and Renewable Royalties. The Mineral Royalties consist of the acquisition and management of producing and development stage royalty and streaming interests. The Project Generation segment is engaged in acquisition and early-stage exploration of mineral resource properties with a goal of vending the properties to third parties in exchange for early-stage royalties and minority equity or project interests. The Renewable Royalties segment includes a majority interest holding in publicly traded Altius Renewable Royalties Corp., which is focused on the acquisition and management of renewable energy investments and royalties.

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Altius Minerals Corp

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Comment by greenandgoldon Mar 14, 2011 1:41pm

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Post# 18282051

RE: News Article - Positive View on Nuclear Renais

Altius has very little exposure to uranium prices. It owns a 2% NSR on Paladin's Canadian properties and a few exploration joint ventures with junior minors. They are spending none of their own money on uranium exploration.

Altius perhaps hammered because of fears about iron ore demand. The Japanese steel mills aren't operating for six months but they are a tiny part of the global sea-borne iron ore market. And they'll eventually need more iron to rebuild.

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