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 Greenandgold.on Nov 05, 2011 9:08am

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Post# 19212144

RE: RE: More Details about Century deal

It's not all about Century. IOC has plans to double current production (perhaps to 50 MT), Cliffs wants to take Bloom Lake to 24 MT. All of these expansions will take huge capital commitments and probably new power lines for Churchill Falls (the current power grid is at max capacity).
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ADV, if it stays on schedule, and because it's a relatively modest project, will beat those other expansions out. But any kind of serious delay, and it's looking at building a 400 km rail line to Sept-Iles.

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