General comments/chat, page-34091

Thanks I knew i read it somewhere!

High Purity Alumina (HPA)
The Company engaged Dr Bryn Harris, a leading expert on chloride-based processing, as a
consultant and advisor to the Company to progress HPA opportunities. First stage testing of
Andromeda’s kaolin is highly promising. Andromeda also signed a Memorandum of
Understanding (MoU) with AEM Technologies Inc, part of the Advanced Energy Minerals group
(AEM) and entered into an initial 90-day exclusivity period, which has been subsequently
extended to June 2022, to explore a HPA licencing transaction that is intended to include testing
Andromeda kaolin feed, process feasibility studies and potential licensing and marketing
arrangements. AEM’s Cap Chat HPA Process Plant, located in Quebec Canada, uses its
patented process to make 99.99% (“4N”) and 99.999% (“5N”) pure HPA. With proven technology
and extensive patents, Cap Chat is recognised as environmentally friendly with its focus on
reducing reagent consumption and transitioning to a near "zero carbon emission" energy
consumption plant. The facility is the only one of its type globally that is capable of producing
4/5N HPA from a kaolin feed which they are now selling.
The MoU was signed with AEM to enable kaolin samples from Andromeda’s projects on the Eyre
Peninsula to be evaluated using the AEM 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 Andromeda through AEM’s global distribution network. The MoU was subsequently
extended to enable completion of the suitability testing as well as remaining due diligence work.