Andromeda Metals Limited
0.01
USD
+0.00
(+51.39%)
ISIN
AU000000ADN0
Return %
Stock
S&P 500
1Y
132.26
14.20
3Y
-44.19
81.12
5Y
- -
68.34
Capital Structure
AUD
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in mil. unless spec.Working Capital
AUD
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in mil. unless spec.Growth Rates
AUD
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in mil. unless spec.Semi-annual Revenue
AUD
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in mil. unless spec.Semi-annual Earnings Per Share
AUD
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in mil. unless spec.Semi-annual Dividends Per Share
AUD
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in mil. unless spec.Company Description
- CEO
- Sarah Clarke
- Full Time Employees
- 3
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- 431 King William Street Adelaide SA Australia 5000
- IPO Date
- Sep 17, 1996
- Website
- andromet.com.au
- Similar Companies
- Business
- Andromeda Metals Limited Andromeda Metals Limited engages in the exploration and development of industrial minerals, primarily kaolin and halloysite deposits, in Australia. The company produces high-quality refined kaolin products including Great White CRM for ceramic glazes and frits, Great White KCM 90 for ceramic applications, and Great White HRM as a decarbonizing additive for concrete; it also advances production of high purity alumina (HPA) to 99.9985% purity from its kaolin feedstock via a novel, cost- and carbon-efficient flowsheet. Operations center on the 100%-owned Great White Project on South Australia's Eyre Peninsula, comprising mining leases for kaolin-halloysite deposits, associated miscellaneous purposes licenses for water pipeline and access road, and exploration licenses; the company holds a 51% interest (with option to increase to 80%) in the nearby Eyre Kaolin Joint Venture covering four tenements with complementary high-brightness kaolin prospects, and 100% of the Mount Hope Kaolin Project. Founded in 1993 and headquartered in Adelaide, South Australia, Andromeda targets ceramic, concrete, and high-tech markets including Asia, Europe, and the Middle East through binding offtake agreements for Great White CRM and KCM 90, plus conditional offtakes for HRM with Traxys Europe S.A. and IberoClays. Recent developments include Merricks Capital's credit approval in June 2025 for a A$75 million debt facility supporting Stage 1A+ development of the Great White Project, a A$5 million share placement to institutional investors in June 2025, successful commercial-scale validation of Great White CRM in European ceramic glazes, HPA test work breakthrough announced in May 2025, acquisition of full ownership of Great White exploration tenements via subsidiary transfer in July 2024, and farm-in to 51% of Eyre Kaolin in July 2024.
Company News
Andromeda Metals secures first patent for proprietary high-purity alumina process
Andromeda Metals completes $5 million placement, sharpens focus on Great White and HPA