BATTERY METALS
Aberdeen has investments in platinum and lithium projects.
Platinum and Lithium play important parts in the overall movement towards a sustainable green economy:
- Lithium, found in fuel cells and rechargeable batteries, is crucial for the transition to renewables.
- From cancer treatments to medical equipment in healthcare, Platinum is an important metal for the health of the world. Platinum’s catalytic properties also make it critical to cleaning up air pollution, producing renewable hydrogen and releasing the power of hydrogen in fuel cells.
AFRICAN THUNDER PLATINUM
A platinum/palladium producer in South Africa
A platinum/palladium producer in South Africa
African Thunder Platinum (“ATP”) is a private company that was acquired in late 2014 with Pala Investments; Aberdeen holds a 16.9% interest.
- ATP has a low-cost PGM asset, the world class Kalplats PGM development project in the Kraaipan Greenstone Belt 330 km west of Johannesburg.
- ATP divested of the past producing Smokey Hills PGM mine in the Eastern Limb to SAIL Group.
SAL DE LOS ANGELES PROJECT
A lithium/potash brine project located in Argentina
The Sal de los Angeles lithium-potash brine project (previously known as the Diablillos Project) covers over 95% of the Salar de Diablillos located in Salta, Argentina at an average elevation of approximately 4,050 metres above sea level, and is comprised of 32 mining claims covering approximately 8,156 hectares.
To date, over CDN$19 million has been spent on the project, including extensive exploration and definition drilling, pump tests, seismic & gravity geophysical surveys, basin and solute transport models. Aberdeen owns a 1% Net Smelter Royalty (“NSR”) on the project.