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Andromeda Metals Limited (ASX:ADN)

ALERT: Price-sensitive ASX Announcement for ADN
Current share price for ADN : $0.007 0.001 (16.67%)+
Announcement
Release
24 Aug 2026 9:43AM
Price at Release
$0.006
Full Release
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Summary
Andromeda Metals Limited has achieved a significant milestone in its High Purity Alumina (HPA) Project by successfully producing 4N HPA with a purity of 99.9986% at a continuous pilot scale. This advancement marks a crucial step in scaling up from laboratory production and validates Andromeda's proprietary processing technology. This milestone follows their strategic HPA Supply Heads of Agreement with Traxys North America and progresses the company towards customer evaluation. The pilot program also provides essential data for process optimization and the planned Pre-Feasibility Study, aiming for a potential production scale of up to 10,000 tonnes per annum. Such developments highlight Andromeda's potential to become a competitive HPA producer with significant economic benefits.
Key Points
  • Andromeda produces 4N HPA with 99.9986% purity at pilot scale.
  • Validation of proprietary processing technology for HPA.
  • Strategic agreement with Traxys North America enhances customer evaluation.
  • Pilot program supports process optimization and Pre-Feasibility Study.
  • Scoping Study projects production of up to 10,000 tonnes per annum.
  • HPA production offers potential scale and economic value.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.