Summary
▪ Heads of Agreement signed with specialist commodity marketing service provider Conrad Partners to support ADN’s Asian marketing andservices strategy.
▪ Conrad Partners have a large, well-qualified team of sales professionals based in mainland China who will work with Andromeda personnel to
convert Letters of Intent (LOI’s) signed by identified potential customers into binding offtake agreements.
▪ Existing LOI offtake customers represent over 200,000tpa of fully refined halloysite-kaolin product.
▪ Conrad Partners will also assist in sourcing and negotiating with toll refining facilities in China.
▪ The services agreement will cover all mainland China logistics and customer service requirements.
▪ Conrad Partners selected due to their extensive experience in securing binding contracts for the sale of Australian mineral commodities into China.
▪ Commercial quantities of refined product from the Great White Deposit have now been produced in Japan with further testing to be conducted
in China and Australia prior to final distribution to potential ceramic customers.
02274437.pdf
Ann: Appointment of Marketing Services Provider, page-4
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