WA Kaolin Ltd. (AU:WAK) has released an update.
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WA Kaolin Ltd. has seen accelerated sales in its new technical grades and is negotiating its first major off-take agreement with a Chinese customer for 2025. The company recently completed a classifier plant upgrade, resulting in improved product yield and a reduction in production costs. Additionally, WA Kaolin has achieved a significant reduction in energy costs and is focusing on expanding into new markets, including ceramics, paper, and paint.
For further insights into AU:WAK stock, check out TipRanks’ Stock Analysis page.