Strongest volume in a couple months. Awaiting drilling results and news is due any time now in regards to drilling results, seems like leak or some are anticipating that news is not far from being released. If you think it is a level playing field your living in the twilight zone.
Tampu has the potential to become one of the highest quality undeveloped kaolin deposits globally and is Corella’s first kaolin deposit defined at the Project.The high purity specification of the Tampu deposit highlights the potential of the resource to qualify as feedstock for the target HPA market.
Interesting article in the financial review in regards to the sector.
Sand in the ground and cash in the bankCurrently, silica sands are the most traded commodity by volume in the world, sitting behind only water.
Given the lack of a traded spot market in favour of direct mine-to-customer contracts, pricing is opaque. But according to IMARC Group, the global silica sands market reached $US22.9 billion ($A33 billion) this year and the research house projects it will be worth $US32.1 billion by 2028 (a compound annual growth rate of 5.6 per cent).
Meanwhile, supply is being crimped because most silica sand is sourced from rivers in Asia – often by crude manual methods – and these locations are increasingly becoming environmentally off-limits.
With high-purity silica demand projected to soar in the next few years, he believes Australia could build a major industry like that of iron ore in the 1960s.
To date, silica has been mined in Australia only in a handful of locations.
“The silica market is going through a transformation where the prices for purity are rising – making the mining and exporting of it an exciting opportunity for Australia,” he says.
“There are certainly billions of tonnes of high purity silica out there,’’ Haythorpe adds. ‘‘And over the last 50 years Australians have proven to be very adept at turning various resources into vibrant and viable industries.”
https://todayspaper.smedia.com.au/afr/shared/ShowArticle.aspx?doc=AFR%2F2022%2F12%2F15&entity=Ar03402&sk=0AABFFAD&mode=text
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