Activity Report for the Quarter Ended 31 December 2023
• HPA project development progresses in line with engineering schedule • Minhub rare earths project continues good development progress • Successful completion of the High Purity Alumina (HPA) production campaign for a specific end user • Continued testing to determine optimal conditions for the development of a specified HPA product, for a targeted end user – ensuring quality and efficiency • Confirmed site selection for planned HPA small scale production / demonstration (SSP) facility at Kwinana, WA • Company name change from FYI Resources Limited to Cadoux Limited • Awarded $3 million under the Industry Attraction Fund to further HPA project development • Rebate of $1.2 million cash received from HPA research and development • ESG ratings improves quarter on quarter
Emerging critical minerals producer Cadoux Ltd (ASX: CCM) (“Cadoux” or the “Company”) is pleased to release its Activities Report for the quarter ending 31 December 2023.
The Company is committed to developing its critical mineral focused projects which includes ultra-high quality, high purity alumina (HPA) in Western Australia, the Minhub rare earths processing facility in the Northern Territory and associated downstream developments.
1 This statement has been prepared in accordance with accounting standards and policies which comply with Listing Rule 19.11A. 2 This statement gives a true and fair view of the matters disclosed. Date: 31 January 2024 Authorised by: Roland Hill, Managing Director
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