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An update from Andromeda Metals Limited ( (AU:ADN) ) is now available.
Andromeda Metals Limited has made significant progress in the June 2025 quarter, particularly in advancing its Great White Project. The company secured a $75 million debt facility from Merricks Capital, which will aid in the development of Stage 1A+ of the project. Additionally, successful trials of their Great White CRM™ kaolin product have opened new sales opportunities in the ceramic industry. The company also reported breakthroughs in its HPA Project, achieving a high purity level of 99.9985%, which could expand its product portfolio and enhance its competitive positioning.
More about Andromeda Metals Limited
Andromeda Metals Limited is a company operating in the mining industry, primarily focusing on the development and production of high-quality kaolin products. The company is advancing its Great White Project, which aims to supply the ceramic industry with kaolin, and is also exploring opportunities in high purity alumina (HPA) production.
Average Trading Volume: 17,251,689
Technical Sentiment Signal: Sell
Current Market Cap: A$41.95M
For detailed information about ADN stock, go to TipRanks’ Stock Analysis page.