Andromeda, an industrial minerals company, completed a $108m merger with Minotaur, an exploration company. “The acquisition of Minotaur and consolidation of the Great White Kaolin Project represents a significant step towards optimising value for both Andromeda and Minotaur shareholders. We view this acquisition and resultant consolidation of Great White and Natural Nanotech ownership as a logical positive next step in the evolution of the project, unlocking value for all Andromeda and Minotaur shareholders," James Marsh, Andromeda Managing Director.