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Accelerate moves into kaolin

ACCELERATE Resources is the latest company to get into the high-purity alumina space, signing a deal to secure the Tambellup kaolin project in Western Australia's Great Southern region, but the move has not been supported by shareholders, who sold the stock down 14% today.

Haydn Black
Acclerate MD Yaxi Zhan visiting the Tambellup project.

Acclerate MD Yaxi Zhan visiting the Tambellup project.

The deal will see it acquire 100% of private project developer Halcyon Resources, which has been working on the Tambellup project and its Griffin processing technique for some time.   Halcyon is 26%-owned...

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