Australian Mines Limited is a resource company pursuing the production and supply of battery and technology metals to global markets. The Company is developing cobalt-scandium-nickel projects in Australia. In February 2018 the Company announced an offtake agreement from its Sconi Project with SK Innovation. The agreement is for a 7-year term, with a 6-year extension option, with offtake volumes of up to 12,000 tonnes per year of cobalt sulphate and 60,000 tonnes per year of nickel sulphate. The Company's flagship Sconi project is one of very few large ore bodies of its type in Australia and is also considered the most advanced towards production. All relevant mining and environmental licenses are in place for development of a mining and processing operation.