ADY
From IntFX
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Admiralty Resources NL is an Australia-based company that is engaged in the exploration and development of economic mineral deposits, including minerals occurring in brine lake deposits. The Company has developed its iron ore mines owned by Sociedad Contractual Minera Santa Barbara (SCMSB) in Chile. SCMSB commenced production during July 2006. During the fiscal year ended June 30, 2006, the Company focused on the development of the Santa Barbara iron ore mines, and preparation to commence production of iron ore fines. It has also focused on the development of its lithium deposit in the Rincon Salar, and completed chemical engineering and feasibility studies on the various aspects of the project's development. Admiralty Resources NL has eight mining production prospects, such as iron ore, lithium carbonate, lithium chloride and lithium hydroxide, potassium chloride, sodium sulphate, boric acid and lead and zinc sulphides. It operates in Australia, Argentina and Chile.
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