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Altius Minerals Corp T.ALS

Alternate Symbol(s):  ATUSF

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.


TSX:ALS - Post by User

Bullboard Posts
Comment by greenandgoldon Aug 19, 2011 11:46am
346 Views
Post# 18960588

RE: Elephants Rumbling in the Labrador Trough

RE: Elephants Rumbling in the Labrador TroughIOC controls all the iron ore it needs to expand to double current production capacity. They, like everyone else, are expanding to take advantage of record iron ore prices. Nothing nefarious about the profit motive.
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IOC's railway, the QNSL, is a common carrier because it crosses from Quebec into Labrador. Therefore, it is obligated by law to offer a reasonable amount of capacity to other companies. It looks like there's plenty of extra capacity on the railway, at least for this resources cycle. Alderon's guaranteed rail service.
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Rio Tinto and Cliffs are both potential suitors for ADV. Hopefully, Altius, which has exploration alliances with both companies, can broker a good deal. Preferably after ADV goes into production and its market cap is in the multi-billions.
Bullboard Posts