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ALB - Albidon Limited
Company Overview
ALB is a minerals exploration company with an emphasis on nickel and platinum group elements (PGE). Projects are largely based in the Grenville belt, and span Zambia, Botswana, Tanzania and Tunisia. The company's development activities focus on the Munali Nickel project in Zambia. ALB’s other properties include the Selebi-Phikwe Nickel project, Botswana; the Songea Nickel and Luwumbu Platinum JV, Tanzania; and the Nefza Zinc project, Tunisia.
Company History
Albidon was incorporated on 11 April 2000 in the BVI under the International Business Companies Act for the purpose of holding mineral exploration and development assets in Africa. ALB was listed on the ASX on 26 March 2004. Its head office is situated in Nedlands.
Differentiating Factor
Albidon derives strategic advantage from its proprietary geoscientific database and places a priority on utilising the latest exploration technology. The company aims to secure strategic land holdings for joint venture with large mining companies.
Major Customers & Competitors
As an explorer, Albidon Limited has no customers at present. ALB competes with other large cap companies involved in exploration activities such as BHP Billiton, Rio Tinto as well as junior explorers.
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