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Full interview: FYI Resources DFS highlights low capital and operating costs for kaolin and HPA project

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 company was particularly pleased with the economic outcomes of the DFS with an after-tax net present valuation (NPV) of US$543 million based on a 25-year open-pit mining, processing and refining operation.

As one of the lowest capital and operating cost projects, Hills said: “All in all, this is a serious, serious project and we are very pleased about it.”

Quick facts: FYI Resources Ltd

Price: 0.185 AUD

Market: ASX
Market Cap: $45.02 m

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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...

on 27/6/19

2 min read