Askari Metals (ASX: AS2) — Company Overview, News & Financial Data
Askari Metals is focused on exploring battery metals and critical minerals in Africa and Australia, including lithium and uranium.
Askari Metals
Askari Metals (ASX:AS2) is a mining company focused on exploring and developing battery metals, uranium and critical minerals in Africa and Australia. Askari Metals' flagship project, the Uis Lithium Project, is located in Namibia and covers over 300 square kilometers. It boasts over 120 mapped pegmatites, some historically mined for tin and gemstones. Exploration has identified lithium grades reaching up to 3.3% Li2O alongside other valuable minerals like tantalum, tin, and rubidium. The company purchased the Matemanga Uranium Project in Tanzania in February 2024. This project spans 264 square kilometers and is located in southern Tanzania, known for its uranium-rich geological formations. It also has a portfolio of Australian projects encompassing lithium, rare earth elements (REE), and gold.
Snapshot
Operations
Products and/or services of Askari Metals
- Uis Lithium Project: Located in Namibia and covers over 300 square kilometers. It boasts over 120 mapped pegmatites, some historically mined for tin and gemstones. Exploration has identified lithium grades reaching up to 3.3% Li2O alongside other valuable minerals like tantalum, tin, and rubidium.
- Matemanga Uranium Project: This project spans 264 square kilometers and is located in southern Tanzania, known for its uranium-rich geological formations.
- Eastern Pilbara Lithium: Located in Western Australia, this project comprises several tenements prospective for lithium.
- Red Peak REE Project: Situated in the Gascoyne region of Western Australia, this project shows potential for REE, with initial sampling confirming their presence.
- Barrow Creek Lithium and REE Project: Covering an area in the Northern Territory, this project has identified early signs of lithium, tin, and tantalum mineralization.
Askari Metals executive team
- Gino D'AnnaExecutive Director
- Timothy Ryan SlateCompany Secretary & CFO
Recent announcements
What Askari Metals (AS2) has told the market, newest first.
- Project-wide soil sampling complete at EPL 7626, Uis Project
- Release of Voluntary Escrow Shares
- Appendix 4G and Corporate Governance Statement
- Annual Report to shareholders
- Cleansing Statement
- Notification of cessation of securities - AS2
- Application for quotation of securities - AS2
- Exploration Advances at Uis Ahead of Polymetallic DrillingPrice sensitive
Key financials
Reported results for Askari Metals, in AUD.
- Market cap
- 3.5M
- Revenue (TTM)
- 8.6K
- P/E ratio
- —
- EPS (diluted, TTM)
- -0.0
- Dividend yield
- —
- Profit margin
- 0.0%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 268.4K | -3.4M | -3.6M | |
| 30.3K | -3.2M | -7.1M | |
| 11.6K | -4.9M | -5.2M | |
| 20.7K | -5.7M | -6.2M |