FYI Resources Ltd. /  24. November 2020 /  819 views

NWR Communications

FYI Resources is developing a high purity alumina operation in Western Australia, securing an 80 million Australian dollar financing facility to bring its HPA project into fruition.

A March 2020 Definitive Feasibility Study for the HPA project, which includes the Cadoux kaolin deposit north-east of Perth and a processing plant at Kwinana, demonstrated the quality of the Company’s HPA strategy through excellent economic metrics.

FYI has signed a MOU with Alcoa of Australia, a leading alumina producer, to explore joint venture development opportunities of FYI’s innovative and integrated HPA production and refining process for full-scale commercialisation. The companies are commencing joint HPA pilot plant trials this quarter.

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