The name Andrada reflects the company's expanding lithium and tantalum resources alongside its existing tin production. The new name originates from José Bonifácio de Andrada e Silva, the Brazilian mineralogist and professor who first discovered petalite and spodumene, which are major lithium bearing minerals and a precursor to the identification of lithium. Management believes that the Uis licence could host a globally significant lithium resource.
Anthony Viljoen, CEO, commented:
“I’m delighted to confirm the company’s change of name and we look forward to rebranding as Andrada Mining. 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.”