WA Kaolin is an ASX-listed mineral exploration, extraction and processing company poised for significant growth due to increasing global demand for kaolin, which has a bright future and a growing range of applications.
Since the late 1990s, WA Kaolin has quietly and carefully established itself and is now expanding into a preferred supplier of high-quality kaolin products to Asian and global markets.
WA Kaolin’s resources were acquired by the Company in 1999 after originally being discovered and developed by Rio Tinto. Since 1999 and prior to the Company’s Initial Public Offering (IPO) in November 2020, WA Kaolin’s co-founders and owners invested more than $42 million to develop and progress the Wickepin Project
WA Kaolin progressively established and developed the necessary foundations for successful commercialisation including reviewing Rio Tinto data and results, confirming the quality of the resources with potential customers and external laboratories, and designing and developing processing IP, and relevant capital, operating cost and financial models.
Furthermore, WA Kaolin built and operated a pilot plant, proved new processes at commercial scale, while the owners acquired surrounding property and accesses including securing title.
The founding directors have de-risked the scale-up opportunity of the project through the methodical preparation of intellectual property, market development, relevant approvals and establishing its social licence to operate.
WA Kaolin listed on the Australian Securities Exchange (ASX) in November 2020, having completed a Definitive Feasibility Study for the Wickepin Kaolin Project which detailed the potential to ramp up production to 400,000 tonnes of kaolin per year.
In September 2022, WA Kaolin completed commissioning of Stage 1 of the Wickepin Processing Plant, enabling the Company to commence a two-stage production ramp-up, starting with the Stage 1 target of 200,000 tonnes per annum.