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The Company was established in April 2000 and listed on both AIM and ASX stock exchanges in March 2004. The Board and management have a diversity of skills in exploration, mining, metallurgy, concentrate marketing, logistics and project finance in Africa and elsewhere.

The Company's main focus on East Africa is based on the assessment that this region holds the potential to be one of the world's premier nickel mining districts.

Albidon’s development activities have been centered on the Munali Nickel Project, in Zambia, where the Company completed a positive Bankable Feasibility Study in July 2006. Exploration drilling is ongoing, with the aim of expanding the nickel resource base in the Munali district.

Munali (100% Albidon) is located approximately 60 kilometres south of Zambia's capital city Lusaka. The Munali project area comprises the Enterprise Deposit and a number of other nickel prospects in the Munali Intrusion, the most advanced of which is the Voyager prospect along strike to the north of Enterprise.

Project construction is now complete, with first production of nickel concentrates achieved in mid 2008.

The other projects are at an early stage of exploration, where prospects range in degree of maturity from mineralized drill intersections, such as the recent nickel discovery at Sunnyside in Botswana, to large licence holdings which cover prospective ground with identified targets that have not yet been drilled, such as the Songea nickel project in Tanzania.

The Company believes the east African projects have potential for discovery of substantial nickel sulphide deposits, and further that they represent a unique regional exploration opportunity in a relatively unexplored segment of the globally significant geological province that hosts the Voisey's Bay deposit in Canada and large Kabanga deposit in Tanzania.

Albidon's large licence holdings in southern and eastern Zambia also have potential for substantial uranium deposits, as confirmed by the recently announced positive pre-feasibility study on the Chirundu Uranium Projects.