For our next Corporate Webinar we are glad to welcome Southern Alliance Mining Ltd (SAML SP) CFO, Lim Wei Hung. In the upcoming webinar, Wei Hung will share a short company presentation, after which he will engage in a fireside chat with Smartkarma Insight Provider, Angus Mackintosh. A live Q&A session will follow.
The Corporate Webinar will be hosted on Tuesday, 12 April 2022, 17:00 SGT.
Southern Alliance Mining Ltd. is an established producer of high-grade iron ore products in Malaysia. It listed on the Catalist board of Singapore Exchange on 26 June 2020 (SGX:QNS). Headquartered in Pahang, Malaysia, the Group is principally involved in the exploration, mining, and processing of iron ore for subsequent sale. The Group sells (i) iron ore concentrate of low level of impurities with total Fe grade of between 62% to 65%, to steel mills and trading companies mainly located in Malaysia and China; and (ii) pipe coating materials that are crushed iron ore with a natural characteristic of a higher density for subsea pipes.
The Group’s primary mining asset, the Chaah Mine, is an open mine pit consisting of two mining leases and covering an aggregate area of 225.7 hectares. In addition to the Chaah Mine, the Group has also been granted the right to carry out exploration and mining operations at three potential iron ore mines located in Johor, Malaysia (“Exploration Assets”). The Group has commenced exploration activities since February 2022 at the Exploration Assets to identify mineral deposits for further business growth. The Group has also extended its core business to include mining of gold and other precious metals, base metals, and minerals as well as trading in other commodities.
Corporate Webinars by Smartkarma Corporate Solutions feature discussions with IROs and Executives, discussing their companies, the challenges they face, and the opportunities in their sectors and markets.