WA Kaolin Ltd. (AU:WAK) has released an update.
WA Kaolin Ltd. has issued a correction to its June 2024 Quarterly Activities Report, clarifying that the commissioning of their Wickepin Plant Operations in September aims to produce finer products to boost sales, rather than driving the company into profit as previously stated. The report also highlights a successful $6.95 million capital raising effort, the addition of 16 new customers, and the steady progress of their Classifier Project, which is expected to further enhance product offerings without budget overruns.
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