The company proposed to refine kaolin feedstock at the HPA facility from its 100% owned Cadoux Kaolin Project in Western Australia.
Given the prime location of the site, FYI can benefit from the existing infrastructure, cheaper input costs, transport links and accessibility and available skilled workforce.
The KIA is a key contributor to the WA economy and one of the most interconnected industrial precincts in the world.
Fully integrated HPA production strategy
FYI’s managing director Roland Hill said: “The KIA is a world class industrial hub and FYI are both delighted and proud to be selected to be a proponent within the zone and participating in the exciting Battery Valley.
“Having our HPA refinery located in this zone is a real asset to the company and is integral to our fully integrated production strategy.
“The benefit of being located in the KIA brings many tangible and intangible benefits to our business model such as essential services, utilities and suppliers at our doorstep, permitting and cost benefits, proximity to Perth and the advantages of a centralised distribution and export hub.
“We are looking forward to progressing our development plans to include our major infrastructure being located in such a favourable jurisdiction and location.”
FYI is progressing definitive feasibility studies (DFS) supporting a planned production of 4N and 5N HPA following the successful pilot plant trial achieving the targeted production grade of 99.99% HPA.