Altona Mining Limited is an Australian minerals Company focused on copper. Its most advanced asset is the Outokumpu Project in SE Finland, which hosts a polymetallic ore reserve of 4.2MTand a 0.7MTpa processing plant. Altona commenced metal production at Outokumpu in 2012. At an earlier stage of development is the Company’s Roseby Copper Project near Mt Isa in Queensland, Australia. A Bankable Feasibility Study completed in May 2012 delineated copper-gold reserves of 53MT.
Altona Mining Limited (Altona) is the result of a merger of ASX listed base metal companies; Vulcan Resources Limited and Universal Resources Limited. It has two major copper projects.