Halloween horror story at Altura

WESTERN Australia’s lithium sector has been dealt another blow with Pilbara miner Altura Mining placed in the hands of receivers and voluntary administrators late yesterday, leaving plans for a planned refinancing and recapitalisation in disarray.

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Altura's Pilgangoora operation will likely be placed on care and maintenance

Security agent BNY Trust, understood to be representing funds lead by Castlelake, called in KordaMentha's Richard Tucker and John Bumbak, the same pair who oversaw the sale of Bald Hill lithium miner