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Close of 9 Nov 2026, in AUD
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About Accelerate Resources
Its shares trade on ASX under the ticker AX8.AX. It has been listed since 14 February 2018. In the fiscal year to 30 June 2026, it reported revenue of A$41,341 and a net loss of A$2.9m. At that date it held total assets of A$11.7m and shareholders' equity of A$11.2m.
Accelerate Resources Ltd. is a mineral exploration company, which engages in gold and cobalt copper mining activities. The company is headquartered in Perth, Western Australia. The company went IPO on 2018-02-14. The Company’s projects include Braeside West and Ripon Hills East Manganese, East Pilbara Lithium, Comet Gold and Mt Read. The Braeside West and Ripon Hills East Manganese projects are located within the East Pilbara Manganese province, and within approximately 70 kilometers (km) of the Woodie Woodie Manganese Mine, 120 km east of Marble Bar and 280 km from the port of Port Hedland. The East Pilbara Lithium project is situated approximately 200 km east of Port Hedland, and 30 km east and south-east of Marble Bar in the East Pilbara region of Western Australia. The project covers an area of approximately 369 square kilometers (km2). The Comet Gold Project is located approximately 115 km south-southwest of Meekatharra and 20 km southeast of Cue. The project comprises five exploration licenses covering 220 km2. The Mt Read project is located on the Sorrell Peninsular in western Tasmania.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Materials
- Industry
- Metals & Mining
- Listed since
- 14 Feb 2018
- Website
- ax8.com.au/site/content ↗
Leadership
Pay as last reported
- Mr. Richard HillNon-Executive Independent Chairman of the Board
- Mr. Luke MeterChief Executive Officer
- Mr. Grant MooneyCompany Secretary, Director, since 2017A$51,100
- Ms. Yaxi ZhanCompany Secretary, since 2017A$156,950
- Mr. Mark ThompsonNon-Executive Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Braeside West and Ripon Hills East Manganese projects near Woodie Woodie Mine within 70 km.
- East Pilbara Lithium project spans 369 km2 east of Port Hedland.
- Comet Gold Project covers 220 km2 south-southwest of Meekatharra.
Weaknesses
- Mt Read project located on Sorrell Peninsular in western Tasmania.
- Comet Gold Project 20 km southeast of Cue in Western Australia.
- East Pilbara Lithium project 30 km east of Marble Bar.
Opportunities
- East Pilbara Manganese province near Woodie Woodie Mine within 70 km.
- East Pilbara Lithium project 200 km east of Port Hedland.
- Comet Gold Project 115 km south-southwest of Meekatharra.
Threats
- Mt Read project in western Tasmania away from main mining regions.
- East Pilbara Lithium project 30 km east of Marble Bar in remote area.
- Comet Gold Project 20 km southeast of Cue in isolated location.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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