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Business |
MCL finalises kaolin sales agreements
THE Minerals Corporation Limited is
finalising a number of kaolin sales agreements that are likely to
become major volume users.
This follows an announcement made by the company last Tuesday
regarding the steady progress on a number of sales contracts and
industry supply agreements.
Managing director Vic Alexander in a statement said a substantial
amount of customer product testing had been undertaken over the
last 12 months, particularly with the more important larger volume
users during the last six to nine months.
This, he noted had culminated in growing interest in the Skardon
clays from customers in Europe, Asia and domestically.
Mr Alexander said test work had been successfully concluded mainly
in the higher value polymer, crop protection and cement
applications.
“We continue our testing programme for paper coating but given the
indicated prospective volume increases for higher value products,
this work has been given a lower priority.
“Likewise, we have decided to cease work completely on lower value
high volume ceramic applications with a view to focusing on
developing our preferred higher margin business,” Mr Alexander
said.
The company have already received formal product approvals from
over 60 larger potential volume target customers.
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