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 Foober1966on Oct 11, 2014 2:41pm

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Post# 23021712

RE:RE:RE:RE:ALS should have sold

Jal, I have heard Morabito saying this for over a year. Indeed I understand that he discussed the issue with Ivan himself at Glencore when Morabito inked the offtake deal with them. The reason it looks like he is just saying it now is that Rio admitted the other day that is what they are doing. He was pointing to a REuters article where the head of Rio Iron ore said they were deliberately trying to keep new entrants out. The CBC twiddle twaddle made it look like Morabito was saying it when in fact he was pointing to an article where Rio itself said it. Rio's bald faced admission is new. You can read the article here. https://m.smh.com.au/business/mining-and-resources/rio-tinto-expansion-blocking-competitors-says-iron-ore-boss-20141009-113ltk.html

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