| Diversified Consumer Services Industry | Consumer Discretionary Sector | - CEO | CXA Exchange | - ISIN |
| Australia Country | - Employees | - Last Dividend | 4 Jul 2019 Last Split | - IPO Date |
Peako Limited, formerly known as Peak Oil & Gas Limited until its rebranding in November 2015, operates within the natural resources sector, focusing on the exploration and development of valuable minerals in Australia. The company primarily aims to discover and develop deposits of palladium, platinum, gold, nickel, copper, cobalt, and other base metals. Peako Limited's flagship venture, the Eastman PGE project, is strategically located in the Central Zone of the Halls Creek Orogen province, highlighting the company's commitment to exploiting the rich mineral resources within this region. Anchored in South Yarra, Australia, Peako Limited positions itself as a significant player in the mining industry by leveraging the potential of its asset portfolio to explore and develop natural resources.
Focused on the exploration of palladium and platinum, these precious metals are sought after for their industrial applications, especially in the manufacture of automotive catalytic converters, as well as their investment appeal.
Gold exploration forms a considerable part of Peako Limited's portfolio. The company targets gold deposits, capitalizing on gold's status as a safe-haven asset and its diverse industrial and jewelry manufacturing uses.
Peako engages in the exploration of nickel and copper, metals critical to the global transition to renewable energy and the electrification of vehicles. Nickel is pivotal in the manufacture of batteries, whereas copper is essential in electrical equipment, construction, and various green technologies.
The exploration for cobalt and other base metals is also a significant aspect of Peako Limited's activities. Cobalt is essential for battery technologies, making it a critical component in the burgeoning electric vehicle (EV) market, while base metals are fundamental in numerous industrial processes.
The flagship Eastman PGE project, located in the Halls Creek Orogen province, underscores Peako Limited's strategic initiative towards developing its primary assets. This project mainly focuses on the exploration and potential extraction of platinum group elements (PGE), along with other economically viable mineral deposits.