In the media...
Bevis Yeo On April 9, 2021
Here’s why you’re suddenly hearing a lot more about kaolin
Kaolin is one of those minerals that is used in everyday life but is consistently overlooked, unlike higher profile mining products such as rare earths, lithium and gold.
Yet, a closer look at what it is used for shows how indispensable kaolin actually is.
Paper, rubber, paint, ceramics, fibreglass, cosmetics and pharmaceuticals are just some notable examples with about 5kg of kaolin used in the manufacture of each car.
According to Grand View Research, the kaolin market is expected to climb from $US4.76bn in 2019 to $US6.3bn by 2027 with current supply impacted by environmental constraints and the exhaustion of premium production in the UK and US.
Small cap kaolin plays
Latin Resources (ASX:LRS) holds the Noombenberry project in WA where recent drilling has intersected high-grade halloysite and ultra-bright kaolin zones.
The latest results show consistent high grade halloysite with assays topping up at 8m at 35 per cent halloysite within a broader 26m intersection grading 24 per cent halloysite.
Preliminary work for the upcoming JORC resource is on track for release in the second quarter of 2021.
LRS General Discussion, page-323
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