ADN 0.00% 0.7¢ andromeda metals limited

http://appliedminerals.com/site/the-dragon-mine"Applied Minerals...

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  1. 277 Posts.
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    http://appliedminerals.com/site/the-dragon-mine

    "Applied Minerals Inc (OTCMKTS:AMNL) CEO Andre Zeitoun tells Proactive Investors the New York-based halloysite clay manufacturer has recently sold 4.5 million tons of its extracted mixed clays and iron oxide material to a leading building products and construction materials group for $4.3 mln.

    Applied Minerals produces halloysite clay and advanced natural iron oxide solutions from its Dragon Mine property in Utah.

    http://appliedminerals.com/site/the-dragon-minehttps://hotcopper.com.au/data/attachments/3907/3907487-6e72747be81742e740431b4eff332f7a.jpg


    That youtube video is from September 2018. To make a purchase of 4.5Mt of overburden halloysite mix tells me they were researching it prior to this date.

    There is research on meta halloysite out of Poland from 2017.

    Boral's own comments you posted mention they have done extensive research already.

    Considering

    Boral are an Australian based building materials company.
    They used to have a US operation but wikipedia says they sold that in May 2021.
    Maybe they need a new supply of HK now.
    I wonder how close they are to actually using it in a commercial concrete product.
    It appearsVictoria are bringing forward the closure of 2 more coal power stations and it's a general trend with CaTaStRoPhIc climate change.

    They did get that material for only $1 per t. So I wonder what we can actually sell our overburden/off spec HK for.
    IIRC JM has used numbers far greater than what we sell HK to the ceramics and paint for, but I think we'd be happy yo take similar numbers for it considering 1. it's waste material 2. the processing is minimal.

    Can't wait for the JORC and to see where it goes.
 
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