Altura directors cover bulk of $28M raising

PILBARA lithium producer Altura Mining is raising up to A$28 million to support the ramp-up of its namesake operation in Western Australia’s north as it strives to overcome teething issues at its plant and achieve nameplate production capacity of 220,000 tonnes per annum.

Altura directors cover bulk of $28M raising Altura directors cover bulk of $28M raising Altura directors cover bulk of $28M raising Altura directors cover bulk of $28M raising Altura directors cover bulk of $28M raising

Altura's plant is still months away from nameplate.

The raising comprises a $23 million placement that will see Altura's directors will do a lot of the heavy funding lifting, putting in some $15.

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