Hi all, tell me if I’m wrong but reading this document ADN fully...

Hi all, tell me if I’m wrong but reading this document ADN fully believe that the HPA project it’s not part of the partnership and is going to be 100% ADN. Below are 3 sections which quote HPA with no comment of it being part of a joint venture. The last section talks about all the NNT which will be jointly owned. It talks about all the technology’s but the HPA.

Any thoughts?

In May, the Company signed a memorandum of understanding with a Canadian company that provides HPA technology knowhow to build our own high purity alumina (HPA) plant in Australia, from which we could produce HPA from our premium grade feedstock in the future.


Refer ADN ASX announcement dated 28 May 2021 titled “Andromeda Signs High Purity Alumina MoU with AEM Technologies Inc.”


The MoU signed with AEM will see kaolin samples evaluated using the AEM proven process to determine its suitability for HPA manufacture, and potentially lead to the construction by Andromeda of a HPA plant under a licencing agreement with AEM, which could also include the marketing of HPA manufactured product by ADN through AEM’s global distribution network.Natural


Nanotech Pty Ltd (NNT) is a research and commercialisation venture, jointly owned (50:50) by Andromeda and Minotaur, established to investigate new technology applications for halloysite-kaolin nanoparticles in association with the University of Newcastle. It aims to create new user markets for the halloysite nanotube material including the potential to produce a global alternative to inordinately expensive manufactured carbon nanotubes amongst other things. Potential applications include carbon capture, hydrogen storage and transport, remediation of water and wastewater, energy storage technologies, and antibacterial and agricultural applications