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WA Kaolin Completes $16m Recapitalisation Amid Sales Setback

6:56pm on Friday 31st of July, 2026 AEST Mining
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WA Kaolin Completes $16m Recapitalisation Amid Sales Setback

6:56pm on Friday 31st of July, 2026 AEST
Key Points
  • Recapitalisation raises $6 million cash and converts $10.13 million debt
  • Quarterly sales hit 10,037 tonnes generating $1.95 million revenue
  • 74% of sales reliant on key customer Stanco
  • Dak Tai cancels majority of forward orders post quarter
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