ZEO: Innovating for a Cleaner Future—Reducing Carbon, Unlocking Kaolin's Potential, page-2

ZEO is a lot more than just a company that has high grade Kaolin....

It's a tech company who's projects reduce carbon, and it just happens to have a kick @rse high-grade Kaloin deposit!

All of it's projects are progressing full steam ahead:
1. Methane capture at waste dumps (Zeolites)
2. Metakaolin production to reduce CO₂ emissions
3. Zeolite-based solutions to manage ammonia and improve livestock health etc
4. Mining Kaolin @ Tondoon

However while on the hot topic of Kaolin ZEO's resource is head and shoulders above the rest!

Smallest particle size and closest to surface = lowest cost high grade Kaolin player on the ASX by miles!

If anyone needs a reminder of how close ZEO's ore is to surface.. review the 2021 JORC resource hole results here... few snippets below too:

https://www.aspecthuntley.com.au/asxdata/20210823/pdf/02410259.pdf

All the companies below have acceptable:

Resource sizes (mine life)

Al2O3 % purities

Colour grades % & low impurities

.

The factors that really set them apart are:

Cost of Production (which is dictated largely by 2,3 & 4)

Particle Size Distribution

Deposit Depth and Overburden

Impurities - type & amount

Location of project,

Access to Infrastructure (water and power)

Is the company in discussions with customers for their ore,

Environmental and Regulatory Approvals

Capital Expenditure (Capex) (Dictated largely by 2 &4)

Operating Expenditure (Opex) (Dictated largely by 2-5)

Sustainability Considerations

	Kaolin Company (ASX Code)	Particle Size Distribution	Average Depth to Ore	Mining Lease/Permit Status & Feasibility Study Progress	Indicative Price to Remove Topsoil (AU$/hectare if open pit mining)	Other
1	Zeotech (ASX: ZEO)	36.8% under 20µm, 80-90% under 45µm	Very close to surface (1-2m)	Approved Mining Lease ML80126, PFS underway, expected in March 2025	AU$30,000/ha	Strategic high-quality deposit, ready for scaling. strategically located on east coast, access to sealed roads, water/electricity, active discussions with customers
2	Suvo Strategic Minerals (ASX: SUV)	41.2% under 45µm	~10m	Mining in operation	AU$600,000/ha	Higher opex costs, Ongoing operations with active production
3	WA Kaolin (ASX: WAK)	Up to 90% under 45µm	Shallow depth, 4-5m	Mining operation commissioned, Stage 1 in progress	AU$180,000/ha	Strong potential for ceramics and paper industries. WA Kaolin Limited, Geographically disadvantaged in WA
4	Corella Resources (ASX: CR9)	50% under 45µm, high-quality ultrafine fraction	Shallow depth, ~15m	Exploration stage with scoping study completed, feasibility study pending	AU$1,200,000/ha	Advancing towards feasibility stage
5	Kula Gold (ASX: KGD)	Approximately 75% under 45µm, with significant halloysite content	Moderate depth, ~20-25m	Exploration and development stage, feasibility study not yet initiated	AU$2,250,000/ha	Project not yet considered economical
6	Andromeda Metals (ASX: ADN)	Fine particles, mostly under 45µm	Shallow depth, ~5-10m	Mining Lease and Miscellaneous Purposes Licences granted, DFS completed	AU$450,000/ha	High potential for HPA and ceramics application. High capex (>$100mil) and funding these costs an issue