ANDROMEDA SIGNS HIGH PURITY ALUMINA MOU WITH AEM TECHNOLOGIES INC
Summary
Andromeda Metals has entered into an exclusivity MoU with AEM Technologies Inc, part of the Advanced Energy Minerals group (AEM), to 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 (HPA) using ADN kaolin.
AEM is a global leader in HPA and operates a HPA plant in Canada capable of producing HPA at 4N (99.99%) and 5N (99.999%) purity.
AEM has advanced plans for a HPA plant in the UK which will provide a template for a potential Andromeda HPA plant in Australia.
The parties will consider a commercial arrangement to sell HPA manufactured by ADN through AEM’s global distribution network.
During the 90-day exclusivity period Andromeda will carry out further due diligence and testing on the AEM HPA process, with a large sample of ADN kaolin sent to AEM’s commercial HPA plant in Canada.
Several halloysite-kaolin samples from the Great White Project (75% owned) have shown exceptionally good performance in testing as a HPA feed material.
Testing of Mount Hope samples will also be undertaken to determine suitability as HPA feed given the quality of the kaolin resource
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