ASX-listed kaolin producer WA Kaolin Limited has entered voluntary administration after pressure on its cash position and the cancellation of a substantial portion of its forward order book, with receivers and managers appointed a day later as competing restructuring and sale processes get underway.
Gregory Prout and Clifford Rocke of WA Insolvency Solutions, a division of Jirsch Sutherland, were appointed voluntary administrators on 12 August 2026 after the company’s directors resolved to make the appointment under section 436A of the Corporations Act 2001.
The directors said they considered the company’s cash position, committed and contingent liabilities and the previously announced cancellation of a substantial part of its…