Andromeda finds takers for Poochera product

ASX-listed Andromeda Metals has received new non-binding letters of intent (LoI) for the offtake of potentially 307 000 t/y of dry processed halloysite-kaolin from its Poochera project, in South Australia.

The company told shareholders on Monday that Chinese specialty minerals company Anpeak China had signed an LoI for 120 000 t/y, while Weifang Engers Ceramics had signed an LoI for 50 000 t/y, Guangzhou Ghangying Trade for 30 000 t/y, Guangzhou Jinghui Ceramics Material for 5 000 t/y and Foshan Mei Zhi Hui Ceramic Materials for 2 000 t/y.