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MetalsGrove Mining - New IPO listing in July

MetalsGrove Mining Limited (ASX: MGA) is an Australian-based exploration and development company, focused on the exploration and development of its portfolio of high-quality lithium, rare earth, copper-gold, manganese and base metal projects in Western Australia and the Northern Territory. MGA is committed to green metal exploration and development to meet the growing demand from the battery storage and renewable energy markets in the transition to a decarbonised world.

Highlights

Portfolio of quality assets located in Western Australia and Northern Territory

Led by proven board, management and advisory team driven by ESG fundamentals

MetalsGrove has acquired 100% of the shares of Territory Lithium Pty Ltd

Working on green metals project linked to growing demand for battery and renewable energy

All projects have close proximity to ports and world-class mining infrastructure

Showcase your ASX company to 500k+ investors

See Corporate Services

People

Board and Management

Richard Beazley

NON-EXECUTIVE CHAIRMAN

Founder and Director of both Altair Mining Consultancy and Hydrogen Energy Pty Ltd and the Interim CEO and Managing Director for Troy Resources (ASX-TRY). Mr Beazley is an experienced mining engineer with 35 years of experience with a strong corporate, operational and technical background in the resources industry. Throughout his career he has worked on projects throughout Australia, Africa and South America.

Profile

Richard Beazley

NON-EXECUTIVE CHAIRMAN

Founder and Director of both Altair Mining Consultancy and Hydrogen Energy Pty Ltd and the Interim CEO and Managing Director for Troy Resources (ASX-TRY). Mr Beazley is an experienced mining engineer with 35 years of experience with a strong corporate, operational and technical background in the resources industry. Throughout his career he has worked on projects throughout Australia, Africa and South America.

With Altair, he has driven and delivered valued outcomes for mining clients which in turn has led to strong market growth outside the mining industry to include oil and gas, renewables, infrastructure, manufacturing and security due to his corporate and operational expertise and his extensive network across the globe.

His former roles have included the Chief Operating Officer for Sandfire Resources NL (ASX-SFR), Managing Director Peak Resources Limited (ASX-PEK), General Manager Operations at Consolidated Minerals, General Manager Southern Cross Operations at St Barbara Limited (ASX- SBM) and Manager Mining Greenbushes at Sons of Gwalia Ltd (ASX-SGW).

Sean Sivasamy

MANAGING DIRECTOR AND CEO

Mr Sivasamy is a mining professional with more than 25 years of global experience. He has held Senior Management roles within large, medium and junior Mining companies in Australia, Africa, India and South East Asia. He is the Founder, Director and CEO of MetalsGrove Mining Limited.

Profile

Sean Sivasamy

MANAGING DIRECTOR AND CEO

Mr Sivasamy is a mining professional more than 25 years of global experience. He has held Senior Management roles within large, medium and junior Mining companies in Australia, Africa, India and South East Asia. He is the Founder, Director and CEO of MetalsGrove Mining Limited.

He has held director roles with Tambourah Metals Ltd (ASX-TMB) and Pilgangoora Minerals. He also held senior management role with Aditya Birla Minerals (ASX-ABY) that is engaged in mining, processing & marketing copper in Australia that eventually was acquired by MetalsX Ltd. He is a director of OreMin Consultants which has been undertaking consulting engagements for many mining companies within Australia and overseas.

Mr Sivasamy is a skilled geologist. His professional contribution includes improving the efficiency of mining operations and optimising processing methods. During his working life prior to becoming an entrepreneur, he has identified a gold resource concession in Victoria which eventually had an estimated gold deposits of circa 1m ounces and discovered a copper sulphide deposit in Western Australia. He also identified 4 copper deposits in Queensland for further exploration and mining.

He holds a master’s degree in Geology. He is a member of Australasian Institute of Mining and Metallurgy. He is a member of the Australia Institute of Company Directors.

Haidong Chi

NON-EXECUTIVE DIRECTOR

Mr Chi is one of the very early Co-founders of Kimberley Metals Group and KMG Mining Pty Ltd. Mr Chi has been the Managing Director of the company’s business operations, liaising with key relevant stakeholders, driving strategic company growth, and responsible for the overall performance of the business for more than 10 years.

Profile

Haidong Chi

NON-EXECUTIVE DIRECTOR

Mr Chi is one of the very early Co-founders of Kimberley Metals Group and KMG Mining Pty Ltd. Mr Chi has been the Managing Director of the company’s business operations, liaising with key relevant stakeholders, driving strategic company growth, and responsible for the overall performance of the business for more than 10 years.

Mr Chi has a proven track of executive management skills and holds extensive experience in the commodity trading markets for the past 20 years. He also holds a Master’s degree in Business Administration (MBA) from Peking University, and developing managemental skills in the business sectors.

Mr Chi has strong experience in market insights, strategic advice, business operations, financial performance, investments, and ventures. He has delivered valued outcomes and maintained positive relations with business partners, shareholders, and relevant authorities. Most recently Mr Chi was a Vice President of US Capital Holdings Group, a US based private equity investment company that specialises in assisting Chinese companies gain access to international capital markets.

Projects

Lithium and Tin

Upper Coondina

  • Location: located 85km south-west of Marble Bar in the East Pilbara district.

  • Size: Approximately 6,365 ha (E45/5952).

  • Interest: 100%.

  • CSR identified simple pegmatite veins as the sources of the tin.

  • Potential to establish economic long-term producing assets.

  • High quality lithium, tin and tantalum project in highly prospective regions in Western Australia (Pilbara lithium mineral field).

  • Well connected to mining infrastructure.

 

Rare Earth, Gold, Copper and Base Metals

Artuna Projects- Box Hole, Bruce and Edward Creek

  • Projects: Box Hole, Bruce, and Edward Creek Projects are located in Northern Territory.

  • Location: 110km north of Alice Springs.

  • Size: Approximately 320km 2 (EL32420, EL31225 and EL32419).

  • Interest: 100%.

  • Access: Via Stuart and Plenty Highways.

  • Drill ready walk-up drilling targets.

  • Well connected to existing mining infrastructure

  • Historical presence of Cu-Au, base metal and historical pegmatite workings have been demonstrated in the area

 

Managanese

Woodie Woodie North-Manganese

  • Location: Situated in the East Pilbara region of Western Australia approximately 400km south of Port Hedland and 95km east of Marble Bar.

  • Size: Approximately 14,400 ha (E45/5945).

  • Interest: 100%.

  • Access: All-weather Ripon Hills Road that ensures continued site access.

  • Manganese is a critical ingredient in steel production and Electric Vehicle (EV) engineering.

  • Drill ready walk-up drilling targets.

  • Surface sampling has returned a number of highly anomalous manganese and cobalt assays (up to 52% Mn and 540ppm Co).

Milestones

Historical Milestones

MGA has acquired 100% of Territory Lithium Ltd.
Agreement with Oremin Consultants Pty Ltd. to acquire WA Projects
Heritage Agreements executed with Nyamal Aboriginal Corporation NTBC (Woodie Woodie)
Duplicate agreement executed with Yamatji Marlpa Aboriginal Corporation (Upper Coondina)

Future Milestones

Future

 

Resources

Presentation

08 Jun 2022 | Presentation
PDF (6386.8 KB)

Prospectus

18 May 2022 | Prospectus
PDF (183025 KB)