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FYI Resources cements 'transformational' deal with Alcoa

FYI Resources cements 'transformational' deal with Alcoa

FYI Resources Ltd (ASX:FYI)'s Roland Hill speaks to Proactive following the news they've progressed a partnership with a global leader in the alumina industry to create a market-leading high purity alumina (HPA) business. FYI and Alcoa (NYSE:AA) of Australia Limited have inked a binding, joint venture term sheet that stipulates they’ll work together to create an initial demonstration plant and a fully-fledged, 8,000-tonne-per-annum HPA production facility.