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THE MARKET IS WAKING UP TO HALLOYSITE ✦ Noel Ong, CEO of Samso clears the air on halloysite - an emerging material with game-changing green potential.
Noel sifts through the misinformation, misunderstanding and mistrust about halloysite's value and uses. My awareness of halloysite stems from the news from Andromeda Metals Limited (ASX:ADN) about their deposit in South Australia. Even as a geologist, I have to confess I am no expert on this material, so giving a length explanation of it is quite beyond me. And that is an excellent reason to get curious, dig deep and share what I find. In today's Insights, I share what I have found about the two main locations that are currently mining halloysite - Dragon Mine in Tinitc, Utah, USA and the Matauri Bay deposit in Northland, New Zealand. I breakdown how clays
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are categorised and also delve into the real significance of halloysite. It's clear there is a lot of momentum in this sector now, but I really want to know why. Whenever there is confusion in the market, it's important to listen to the thought leaders in the industry and have a clear understanding of the facts - what the process is, and what the potential products are. As we are in an emerging space of a new "Industrial Revolution", there is a movement that is driving an increase in need for the humble kaolin. And how halloysite fits into this still needs time and research to consolidate where it is going. It pays to follow companies like Andromeda Metals Limited to see what the next chapter of the Halloysite story is going to be about.
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Halloysite is not well-known in the mineral resources investing community on the ASX. From being used mainly as an alternative material to kaolinite for ceramics to its current exponential increase in research, something is going on here that's worth a look.
Halloysite - an emerging material with game-changing green potential
