FYI Resources Ltd

FYI Resources commissioning high purity alumina pilot plant

FYI Resources Limited (ASX:FYI) managing director Roland Hill updates Proactive Investors on the commissioning of the high purity alumina (HPA) pilot plant at Kewdale, Western Australia.

Hills says the plant is crucial in the development of the Cadoux Kaolin Project and he is happy with the way the project is progressing.

The company also recently announced a capital raising for about $811,000, through the issue of 16.22 million shares at 5 cents per share.

Quick facts: FYI Resources Ltd

Price: $0.07

Market: ASX
Market Cap: $14.68 m

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on 9/5/19

2 min read