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Advance ZincTek Limited (ASX:ANO)
ALERT: Price-sensitive ASX Announcement for ANO
Current share price for ANO : $0.670 -0.28 (-29.47%)+
Announcement
Release
8 Apr 2026 2:10PM
Price at Release
$0.950
Full Release
Summary
Advance ZincTek Limited, represented by Managing Director Geoff Acton, announced that zinc oxide is classified as a critical mineral by the US Geological Survey and is therefore exempt from the proposed 100% tariffs on pharmaceuticals. The company remains financially healthy, with no debtor issues, and reported sales of $9.589 million for the period ending March 31, 2026, reflecting an 11.28% increase from the previous period. This announcement follows a 30% price increase by BASF on UV chemical filter ingredients.
Key Points
- Zinc oxide classified as a critical mineral.
- Exempt from 100% tariffs on pharmaceuticals.
- Sales up 11.28% to $9.589 million.
- BASF increases prices of UV chemical ingredients by 30%.
- ANO remains debt-free with stable financial health.
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.
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