Brief: Wa Kaolin Receives Notice Of Majority Forward Order Cancellations
30/07/2026 03:48
BRIEF-Wa Kaolin Receives Notice Of Majority Forward Order Cancellations July 30 (Reuters) - WA Kaolin Ltd WAK.AX:
RECEIVES NOTICE OF MAJORITY FORWARD ORDER CANCELLATIONS
RECEIVED WRITTEN NOTIFICATION FROM DAK TAI TRADING TO CANCEL MAJORITY OF ITS FORWARD ORDERS
CANCELLED ORDERS RELATE TO LOWEST MARGIN FIBREGLASS GRADE KAOLIN
BOARD COMMENCES IMMEDIATE REVIEW OF OPERATING PLAN AND COST INITIATIVES
CANCELLATIONS TO SIGNIFICANTLY REDUCE EXPECTED SALES VOLUMES
IN DISCUSSIONS WITH DAK TAI ON FUTURE SUPPLY ARRANGEMENTS
Further company coverage: WAK.AX
((Reuters.Briefs@thomsonreuters.com;))
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