An updated scoping study to consider wet processing of kaolinised granite at the Poochera halloysite-kaolin project, in South Australia, has increased the expected annual refined kaolin produced at the site, increasing the expected revenues and life-of-mine (LOM) earnings, ASX-listed Andromeda Metals announced.
Compared with the original scoping study which considered dry processing of the Poochera ore, the updated scoping study increased the initial capital cost from A$9-million to A$13-million, while sustaining capital costs increased from A$9-million to A$11-million.