Home Search Watchlist Advertise Feedback Profile



How Will Andromeda Metals Benefit from the Kaolin Deposit's Resource Estimate? — ASX:ADN| ASX Mining News & Discussion
L
Lykeshares Official
$ADN How Will Andromeda Metals Benefit from the Kaolin Deposit's Resource Estimate?
Andromeda Metals Limited (ASX: ADN) has recently completed an inaugural Mineral Resource Estimate (MRE) for the Chairlift kaolin deposit in South Australia. This estimate, reported in accordance with the 2012 JORC Code and Guidelines, highlights the substantial potential of the deposit for Andromeda Metals Limited.
Impressive Mineral Resource Estimate

The MRE for the Chairlift kaolin deposit reveals a combined Inferred Resource of 53.5 million tonnes (Mt) of kaolin. This includes 27.0 Mt of Bright White, low titanium kaolinised granite (Chairlift CRM), and 26.5 Mt of rheology modifier kaolin (Chairlift HRM).

High-Quality Kaolin for Various Markets

Chairlift CRM stands out due to its low titanium content, with an average TiO2 of 0.18%. This makes it an ideal fit for the high-quality porcelain ceramics market. Moreover, it complements the kaolin found in the Great White Deposit, expanding the potential market opportunities for Andromeda Metals Limited in the high-end coatings market.

Rheological Properties for Market Expansion

Chairlift HRM shares ...
How Will Andromeda Metals Benefit from the Kaolin Deposit's Resource Estimate?

L
Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
L
Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
L
Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
L
Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
L
Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
L
Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
L
Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?