• Altilium Metals has signed a MOU with PT Stern for the supply of up to 3,000 MT per month of Manganese ore from PT Mandala Erakovic.
  • Stern is developing a downstream business focusing on the concentration of manganese ore and the production of ultra-high purity manganese battery chemicals.
  • Altilium will have options for cross shareholding in the stern processing plant basis its supply of feedstock
  • Mining is being requested to Stern’s proprietary ECO Mining requirements which is a best in class eco-mining standard developed with the automotive industry which PT Mandala Erakovic will look to adopt as future best practice.
    • No sorting or other artisanal mining techniques of any kind and full compliance with manpower regulations and international workplace safety standards;
    • All electric power and heavy equipment fuel to consist solely of renewable energy, natural gas and hydrogen;
    • No use of groundwater or well water at the mine site; and free, prior and informed consent from all holders of legal or traditional rights to use or occupy any of the land area used or occupied by the mining operation.

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