Allegiance operated the Avebury nickel mine project on the west coast of Tasmania, Australia.
Avebury was a significant nickel sulphide discovery located 8 km west of Zeehan.
[1][2] On February 21, 2023, Allegiance Mining's U.S. division filed for Chapter 11 bankruptcy protection.
[3] On February 15, 2024, debtor in possession lenders sued Allegiance Mining, stating the company has over $1.8 million in unpaid fees.
[5][6] In March 2008 the board of directors recommended to shareholders the sale of Allegiance Mining to Zinifex Limited for $1.10 per share.