Name-change means lots of tin, lithium and tantalite for Andrada Mining Limited


Forget the name Afritin Mining Limited, the company became Andrada Mining Limited on 11 Jan. 2023.

Afritin announced on 6 Dec. 2022 that it would ask the extraordinary general meeting to approve the name change to Andrada Mining Limited as a reflection of its expanding lithium and tantalum resources alongside its existing tin production. 

The extraordinary general meeting approved the name change request on 5 Jan., leading to the request being sent to the registrar.

The registrar confirmed on 10 Jan.

So, what's in a name? 

For Andrada Mining Limited, it means a lot of tin, lithium and tantalum.

And, of course, massive expansion at its Namibian project Uis Tin Mine in the Erongo region.

Andrada Mining Limited management says they believe the Uis licence could host a globally significant lithium resource.

The AIM-listed company says Andrada reflects its expanding lithium and tantalum resources alongside its existing tin production. 

The company says taking up the name Andrada Mining Limited means a lot since the Brazilian mineralogist and professor JosĂ© Bonifácio de Andrada e Silva was the first to discover petalite and spodumene, which are major lithium-bearing minerals and a precursor to the identification of lithium. 

Although the company has a new name, its International Securities Identification Number will remain GG00BD95V148, and its trading mnemonic will remain ATM. 

Andrada chief executive officer Anthony Viljoen expressed delight with the change of name.

 "The Company's potential lithium resource size in Namibia is extremely exciting, and the change of name reflects the importance of it within our growing production profile, beyond our existing tin operation. We look to the future with huge excitement as Andrada Mining plays its part in the energy transition," Viljoen said.


Comments

Popular posts from this blog

Northern Graphite signs graphite concentrate sales deal with Graphex

Desert Lion Energy & the Namibian lithium story

Chinese company leaves Canada, eyes four lithium mines in Namibia