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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: 0.185 AUD

ASX:FYI
Market: ASX
Market Cap: $45.02 m
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Full interview: FYI Resources DFS highlights low capital and operating costs...

FYI Resources Ltd (ASX:FYI) Roland Hill updates Proactive on the results of a definitive feasibility study that outlines a clear path forward to developing an integrated HPA business incorporating Cadoux Kaolin Project and Kwinana High-Purity Alumina (HPA) Project in WA.  Hill said the...

on 13/3/20

2 min read