Australia Minerals & Mining Group Ltd (ASX: AKA) ("AMMG") is a Western Australia-based company focused on advancing its kaolin-to-alumina project.
AMMG was incorporated on 8th May 2007 for the purpose of evaluating and developing a diversified suite of Australian mineral projects that would achieve the best possible outcome for investors.
AMMG has secured tenements over land that has been subject to historical exploration, with significant geological data and within close proximity to existing infrastructure.
The Company's key project is its 100% owned South West High Purity Alumina (HPA) project, which is located in the south west of Western Australia in the Yilgarn mineral belt.
The project extends across four main project areas, with a global combined resource of 150 million tonnes (Mt) of aluminous clay with screened grades of up to 38% alumina.
AMMG's exploration target* ranges from 485Mt to 830Mt.
AMMG recently announced that its innovative acid-based processing technology successfully produced >99.9% HPA using its aluminous clay material. The processing technology was developed with AMMG's consulting processing chemists, TSW Analytical Pty Ltd, which uses low energy and low temperatures. The processing technology produces minimal waste and the key reagents are recyclable, therefore, the efficiencies are high.
The processing technology is able to produce 99.99% (4N) HPA after a simple washing process.
The aluminous clay from AMMG's four project areas is a unique feedstock in that it has extremely low levels of impurities, such as iron and titanium. The Company's processing technology has been specifically based on the unique mineralogy of its aluminous clay (also known as kaolin) material.
HPA is a high-value premium product that is used in high-performance electronic applications such as tablet screens and LED's. At present, HPA costs approximately $350 per kilogram.
- Category:
- Mining/materials