Altair Minerals Pursues Fair Value in Olympic Domain Dispute with BHP

Altair Minerals Limited (ASX: ALR) has provided an update on its Olympic Domain Project, which borders BHP’s Oak Dam deposit in South Australia. BHP has proposed using part of Altair’s tenements for infrastructure to support Oak Dam development, including an access road and corridor linking to the Olympic Dam Highway. Altair rejected BHP’s offer, arguing it undervalued the project given the AU$8 million exploration investment and promising drill results such as 115m @ 0.32% CuEq and 61m @ 0.33% CuEq from earlier campaigns . Negotiations failed, and both parties will now proceed to the South Australian Wardens Court, with the first directions hearing set for 10 September 2025. Altair is also in discussions with two other majors for potential joint ventures or investment, reinforcing its stance that the Olympic Domain holds significant strategic and exploration value.

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com