Funding Secured for Research into Halloysite-Kaolin for Hydrogen Storage
Commonwealth matched funding has been secured which will see up to $100,000 committed to research into Halloysite-Kaolin for hydrogen storage application.
The initial research project will run for 12 months at the Global Innovative Center for Advanced Nanomaterials (GICAN) based at the University of Newcastle, NSW.
Commercialisation of hydrogen storage infrastructure has been limited by the non-availability of economic, safe and efficient hydrogen storage systems for long distance transportation. Naturally occurring halloysite nanotubes (HNTs) present a unique opportunity as a potential hydrogen storage material.
Any intellectual property rights developed from this research will be owned by Natural Nanotech Pty Ltd, the recently incorporated company formed with Minotaur Exploration Limited (ASX: MEP) to identify and develop emerging high-tech uses for halloysite, of which Andromeda is currently earning a 50% equity interest.
A positive outcome from this research will lead to further commercially focussed work to be undertaken by Natural Nanotech.
Final assays from the Poochera aircore drilling program undertaken in May have now been received allowing commencement of an update to the Mineral Resource at Carey's Well.
Work on the Poochera Project Pre-Feasibility Study has now commenced while an optimisation to the Scoping Study to consider wet-processing at site is underway.