Judge imposes $450,000 penalty against Australian Mines

Australian Government Solicitor 2023-01-13 3:49 pm By Cat Fredenburgh

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A judge has approved a $450,000 penalty against Australian Mines in ASIC proceedings brought after its managing director was allegedly caught lying at an investment conference about the value of an offtake agreement and funding for a project at its cobalt and nickel mine in Queensland.

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