- CEO
- Peter Harding-Smith FFINSIA.
- Full Time Employees
- 2
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- 111 Eagle Street Brisbane QLD Australia 4000
- IPO Date
- Oct 21, 2010
- Business
- Clara Resources Australia Ltd engages in mineral exploration and development in Australia, focusing on critical commodities for global economic growth and electrification, including coking coal, nickel, cobalt, and tin; its principal projects encompass the Ashford Coking Coal Project in New South Wales, Kildanga Nickel and Cobalt Project, Taronga Tin Project, Granville Tin Project, Mackenzie Coal Project, Kilkivan Project, Mt Cobalt Project, and Pembroke Project, targeting steel production inputs and battery materials for electric vehicles and renewable energy storage. Founded in 2006 and headquartered in Brisbane, Queensland, the company operates primarily in Queensland and New South Wales, serving industrial, mining, and energy sectors through high-quality asset portfolios emphasizing excellence, innovation, and sustainability. In July 2024, Clara completed the acquisition of the remaining 60% stake in Renison Coal Pty Ltd from Savannah Goldfields Ltd for approximately A$4.3 million in cash and shares, securing 100% ownership of the Ashford Coking Coal Project to enhance financing flexibility, permitting, and development; the company also divested its shares in First Tin plc to fund the transaction and, in December 2024, raised up to A$2.1 million via a placement and rights issue to advance Ashford resource upgrading and pre-feasibility studies.