Our purpose and strategy

Innogy Limited was incorporated in 2021 in Australia for the purposes of acquiring and developing nickel and other battery cathode minerals including lithium and cobalt, and gold assets in Tanzania. Since incorporation, the Company has assembled a vast nickel, lithium, cobalt and gold tenement package totalling 5,300 km² in Tanzania (comprising approximately 2,300km² of granted tenure and 3,000km² of pending tenure). Innogy owns and controls 100% of the Projects via its wholly owned Tanzanian subsidiaries.

The Company’s strategy is to explore for key battery minerals, with a focus on nickel, along with other battery cathode minerals including lithium and cobalt, and gold. This will commence with exploration at the Northern Frontier, Western Frontier and Southern Frontier Projects, where Kabanga and Ntaka Hill style nickel sulphide mineralisation is targeted. To support the Company’s battery minerals aim, the Frontier projects also hold prospectivity for lithium and cobalt. A secondary focus on gold exploration will occur at all Projects, along with the Company’s Golden Eagle Project. All Projects remain under-explored and present unique opportunities for discovery in highly prospective terrains.

Innogy aims to create a portfolio of world class nickel sulphide assets which are highly attractive to key players within the battery minerals industry, at a time of increasing demand.