Allup Silica rebrands to focus on McLaren Project

Allup Silica (ASX:APS) has announced a forthcoming change in its company name and ASX code. Following shareholder approval, the company will be rebranded as McLaren Minerals Limited with a new ASX ticker of MML, effective on or around December 6, 2024. This reflects its strategic focus on the McLaren mineral sands project targeting high-value titanium resources.

Strategic shift and future outlook

Allup Silica Limited is set to undergo a significant transformation as it rebrands to McLaren Minerals Limited, signifying its strategic shift towards the McLaren mineral sands project. This project focuses on high-value titanium resources, aligning with the company's ambition to aggressively develop this area. Despite the rebranding, the company intends to continue its work on existing silica sand opportunities in Western Australia. With the change in name and ASX code from APS to MML, Allup Silica is poised to advance its corporate strategy, supported by its experienced board and executive team.

Executive insights on strategic rebranding

The change in company name and ASX code signifies our commitment to the development of the McLaren mineral sands project. We are excited about the potential of high-value titanium resources and look forward to advancing this project alongside our existing silica sand opportunities.