VRX Silica (ASX: VRX) today announced its Arrowsmith North and Muchea silica sand projects have been included in the Australian Critical Minerals Prospectus 2022, published by Austrade.
The Prospectus was launched in Sydney by Senator The Hon. Don Farrell, Minister for Trade and Tourism. It includes technical, commercial, and geological data to facilitate investment into projects for Australia’s identified critical minerals.
To-date, the Prospectus has received significant recognition among interested foreign investors, Australian corporates, and the Australian government for its significant role in marketing opportunities in the Australian market.
VRX Silica Managing Director Bruce Maluish said:
“We are pleased that the Australian Government has recognised that silicon and silica sand are a critical mineral and that VRX has significant potential to address anticipated production shortfalls and build supply chain security as we progress to a carbon netzero future.
“This publication will enable Austrade to actively promote the VRX silica sand products to foreign investors and potential buyers.”
The link to the full report can be found here.
VRX continues to have very strong interest from potential buyers of silica sand from the Company’s projects and is engaging with parties that have received samples of products from Arrowsmith North and Muchea for offtake terms.