Andromeda Metals appoints mining lawyer Melissa Holzberger as non-executive director
The new non-executive director will lend her expertise on commercial, legal, governance and compliance matters as Andromeda transitions from explorer to producer.
Company
ASX:ADN
Andromeda Metals Ltd is a fast-growing South Australian company with the vision of becoming The Great White Mineral Company, with the ambition to lead the world in the sustainable supply of superior quality industrial minerals. The company's kaolin deposits contain naturally occurring blends of kaolinite plates and halloysite nanotubes, together with high-quality industrial sand.
179 stories · page 5 of 9
The new non-executive director will lend her expertise on commercial, legal, governance and compliance matters as Andromeda transitions from explorer to producer.
The significantly low levels of specific impurities in Andromeda supplied feed indicates that about 3 tonnes of Great White Feed will produce about 1 tonne of 4N (99.99%) or better HPA (high purity alumina) whereas the normal ratio is about
Proactive investigates the new and exciting world of halloysite-kaolin, the little-known mineral with game-changing potential.
It will have the opportunity to earn up to 80% interest in the joint venture tenements through the sole funding expenditure of $2.75 million over six years.
“Nick [Harding] has given distinguished service to the company for more than 11 years and his substantial contribution in guiding the company through some lean years and the significant transactions that have led to the company being where
The SPP, together with a recent placement, has raised a total of $45 million and provides Andromeda with funds to continue development of the world-class joint venture project.
The patent covers the conversion process for halloysite and halloysite-kaolin into advanced, functionalised carbon nanomaterials.
The placement, together with the SPP, will provide Andromeda with funds to meet its share of long lead time processing plant equipment purchases for the Great White Kaolin Project.
Securities will remain halted until Thursday, July 1 or when an announcement is released to the market.
Diversifying in a high-quality product suite confirms the quality of the Great White Kaolin Project and reduces risk.
Andromeda shares were as much as 28% higher to 27.5 cents after the ASX-lister secured a five-year kaolin offtake agreement with global customer, Jiangsu Mineral Sources International Trading Co Ltd.
Securities will remain halted until Friday, June 11, or when an announcement is released to the market.
A new research program, using material from Andromeda’s kaolin project in South Australia, could create a new kind of fertiliser that boosts crop productivity.
Zannes has an extensive background in managing operational and corporate finance functions within resource companies in Australia and internationally.
The MoU will explore a joint technical and commercial development under which ADN can access AEM’s patented process to construct a facility to produce high purity alumina using ADN kaolin.
Drilling will provide additional material for testing and assist in better defining and potentially extending mineralisation to the north of the deposit.
Rare earths & specialist minerals
The research will investigate the conversion of halloysite nanotubes into advanced nanomaterials that can be utilised as novel adsorbent systems.
Natural Nanotech is working with the University of Newcastle’s Global Innovative Centre for Advanced Nanomaterials on high-tech applications for halloysite, natural clay nanotubes, from the Great White Kaolin joint venture’s high-grade hall
The Great White Kaolin Project remains on track for the commencement of open pit mining in February 2022.
The company has started drilling at the Mount Hope Project with the aim of infilling the southern half of the project’s resource, which is the thicker and higher quality portion of the deposit.