Andromeda Metals welcomes two significant offtake deals for Japan and China
June 08, 2023 at 09:01 pm IST
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Andromeda Metals Ltd (ASX:ADN) executive director of sales & marketing James Marsh tells Proactive the company has strengthened its relationship with Japanese high-quality ceramics and porcelain manufacturer Plantan Yamada Co Ltd on signing a legally binding offtake agreement for the delivery of high-quality kaolin from The Great White Project (GWP). It follows the news yesterday that Andromeda will also supply high-quality kaolin products to China's Foshan Gaoming Xing-Yuan Machinery Co. Ltd.
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Proactive Investors
Jonathan Jackson
+1 623-899-1599
jonathan@proactiveinvestors.com
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https://www.proactiveinvestors.com.au/
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Andromeda Metals Limited is an Australia-based industrial minerals company. The Company is engaged in the sustainable supply of industrial minerals and the advancement of nanotechnologies. The Company's Great White Project (GWP) contains several deposits containing a naturally occurring blend of halloysite tubes and kaolinite plates. The Great White Project is located within the District Council of Streaky Bay, near the community of Poochera on the Eyre Peninsula in South Australia. Its Mount Hope Kaolin Project is located 80 kilometers (km) northwest of Port Lincoln on the Eyre Peninsula in South Australia. It contains some of the brightest, whitest kaolin in the world. Together with its portfolio of halloysite-kaolin projects, it is also developing several copper and gold prospects across Australia. Its Eyre Kaolin Project is composed of four exploration tenements totaling 2,799 square kilometers on the Western Eyre Peninsula, South Australia.