Southern Alliance Mining Ltd.
SGX:QNS
Southern Alliance Mining Ltd.
Southern Alliance Mining Ltd. operates as an investment holding company. The company is headquartered in Kuantan, Pahang. The company went IPO on 2020-06-26. The firm is a high-grade iron ore producer. The company is involved in the exploration, mining, and processing of high-grade iron ore in Malaysia. Its primary mining asset, the Chaah Mine (the Mine), is an open mine pit consisting of about two mining leases and covering an aggregate area of approximately 225.7 hectares (ha). In addition to the Mine, the Company has the right to carry out exploration and mining operations at three iron ore mines located in Johor, Malaysia (Exploration Assets). The company also acquired an additional mining lease of approximately 159.8 ha, adjacent to one of their Exploration Assets, Mao'kil mine. The company primarily sells iron ore concentrate and pipe coating materials to steel mills and trading companies mainly located in Malaysia and China. The firm's subsidiaries include Honest Sam Development Sdn. Bhd., and SAM Mineral Trade Sdn. Bhd., among others.
Southern Alliance Mining Ltd. operates as an investment holding company. The company is headquartered in Kuantan, Pahang. The company went IPO on 2020-06-26. The firm is a high-grade iron ore producer. The company is involved in the exploration, mining, and processing of high-grade iron ore in Malaysia. Its primary mining asset, the Chaah Mine (the Mine), is an open mine pit consisting of about two mining leases and covering an aggregate area of approximately 225.7 hectares (ha). In addition to the Mine, the Company has the right to carry out exploration and mining operations at three iron ore mines located in Johor, Malaysia (Exploration Assets). The company also acquired an additional mining lease of approximately 159.8 ha, adjacent to one of their Exploration Assets, Mao'kil mine. The company primarily sells iron ore concentrate and pipe coating materials to steel mills and trading companies mainly located in Malaysia and China. The firm's subsidiaries include Honest Sam Development Sdn. Bhd., and SAM Mineral Trade Sdn. Bhd., among others.
