Morella Corporation Ltd (ASX: 1MC)

Morella Corp. Ltd. is a mining and exploration company, which engages in the provision of mining services, including drilling and geology services. It operates through the following segments: Coal Mining, Lithium Mining, Exploration Services, and Mineral Exploration. The Coal Mining segment offers coal sold to customers. The Lithium Mining is currently under construction and upon completion it will derive its revenue from the sale of lithium to customers. The Exploration Services segment includes drilling services to customers, predominately mining, and exploration companies. The Mineral Exploration segment comprises royalties received and interest earned on funds raised to carry out the exploration activities. The company was founded on June 23, 2000 and is headquartered in Perth, Australia.