{australien_flagge}Following its separation from the joint development of the HPA project with Alcoa, FYI Resources (ASX:FYI; FRA: SDL) has announced it will soon unveil its own revised development plan. In the meantime, the company plans to produce bulk samples of high-purity alumina (HPA) tailored to customer requests in an expanded production run at its Perth pilot plant. The samples are scheduled to be shipped to different customers for different uses in May and late June. The samples will be tailored to the exact specifications of potential end customers.
{australien_flagge}Following its separation from the joint development of the HPA project with Alcoa, FYI Resources (ASX:FYI; FRA: SDL) has announced it will soon unveil its own revised development plan. In the meantime, the company plans to produce bulk samples of high-purity alumina (HPA) tailored to customer requests in an expanded production run at its Perth pilot plant. The samples are scheduled to be shipped to different customers for different uses in May and late June. The samples will be tailored to the exact specifications of potential end customers.
Roland Hill, Managing Director of FYI Resources, commented, “Now that FYI is back in control of our HPA development, we are conducting these pilot HPA production runs in response to end user requests that demonstrate demand for our high quality HPA. We see this production run as a critical building block to meet potential customer demands for product evaluation.”
The bulk HPA samples will be produced based on FYI’s innovative process flow sheet, which has been optimized over the past twelve months through joint development with Alcoa specialists and pilot plant test work.
Specifically, FYI will conduct special calcination tests that will be incorporated into post-production trials to determine various product finishes and improve the suitability of FYI HPA for specific customer applications. The objective of the additional calcination work is twofold: First, to optimize hydrochloric acid recovery conditions during the FYI HPA production cycle, which should improve energy efficiency. Second, FYI aims to produce various HPA quality and product properties according to potential customer requirements and applications.
HPA bulk samples specifically for battery separators.
A portion of HPA material will be produced specifically for use as a ceramic separator coating for lithium-ion (LiB) batteries. This specific production run is expected to be completed in May 2023.
Conclusion FYI needs to reposition itself following its separation from Alcoa. Therefore, it is important that potential customers continue to nurture the relationship with FYI even without Aloca and appear to continue to indicate strong interest in FYI’s HPA. Thanks to FYI’s collaboration with Alcoa’s experts, FYI now has a high level of expertise in custom refining of the high-purity HPA. The bulk samples that will be shipped shortly are samples tailored to the customer’s exact needs. If testing of the samples is satisfactory, this should sooner or later lead to off-take agreements, as customers need to know that only their mandatory declaration of acceptance will enable the construction of commercial HPA production.
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