Company Highlights
Albidon Limited is making the transition from exploration company to mining group. Highlights include:
- 10-year+ mining operation being developed at Munali Nickel Project in Zambia.
- One of only a handful of new nickel sulphide projects anywhere in the world in the next 10 years.
- 8,500 tpa of nickel production planned in high quality Ni-Cu-Co-Pt-Pd concentrate.
- Partnership with Jinchuan Group, the most powerful force in the rapidly growing Chinese market.
- Project financing and nickel hedging completed on attractive terms.
- Construction has commenced, with production scheduled for mid 2008.
- Substantial leverage to strong metal prices.
- Expected growth of the Munali Project through exploration.
Beyond the Munali Nickel Project, Albidon has a portfolio of projects poised to add additional value, including:
- Njame Uranium Deposit in the sought-after Kariba district of southern Zambia (JV with African Energy Resources).
- High grade uranium assays at Chisebuka and Gwabe prospects, Zambia.
- Extensive nickel exploration properties in Botswana and Tanzania, including a JV with BHP Billiton.
- Zinc exploration programs in highly prospective terrain in Tunisia, funded and operated by Zinifex Limited.
