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Altamin Limited (ASX:AZI)

ALERT: Price-sensitive ASX Announcement for AZI
Current share price for AZI : $0.024 -0.002 (-7.69%)+
Announcement
Release
30 Apr 2026 6:35PM
Price at Release
$0.026
Full Release
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Summary
Altamin Limited's March 2026 Quarterly Report highlights significant progress in their Lazio and Gorno projects in Italy. The Lazio Project advanced its technical and permitting workstreams, with a Scoping Study targeted for the first half of 2026. The project emphasizes utilizing geothermal brines for low-impact mineral extraction, supported by continued non-dilutive funding strategies from Italian and EU sources. The Gorno Project received Environmental Impact Assessment approval, enhancing its permitting position. At the corporate level, Altamin reported a cash balance of A$2.98 million and continued to seek strategic partnerships and funding opportunities to support ongoing and future project development.
Key Points
  • Lazio Project development is on schedule, with technical and permitting progress.
  • Geothermal energy-powered process for SOP, lithium, and boron production.
  • Gorno Project received Environmental Impact Assessment approval.
  • Altamin focuses on non-dilutive funding from Italian and EU grants.
  • Quarterly cash balance reported as A$2.98 million.
  • Continued strategic evaluation of value realization options with Argent Partners.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.