Metal News

FYI makes the first tours of the newly built pilot plant with key customers and investors

FYI makes the first tours of the newly built pilot plant with key customers and investors

FYI's positions itself as a major manufacturer of high purity aluminum oxide (4N or HPA) in the rapidly developing markets for LEDs, electric vehicles, smartphones and TV screens and other related high-tech products.

FYI makes the first tours of the newly built pilot plant with key customers and investors

Highlights

  1. FYI Resources conducts pilot plant visits to strategic groups.
  2. Tours serve as a unique opportunity for HPA market participants and industry representatives.
  3. Participants include domestic and international HPA end users and commodity traders, project investors and financiers, government officials and the media.

FYI Resources Ltd (FYI or the Company) is pleased to announce that following the successful commissioning of the FYI pilot plant, it has planned numerous tours with strategic groups of market participants, investors and media.

Participating groups were invited to view FYI's continuous high purity alumina. (HPA) Refining process in the plant from "front to back" using kaolin that was taken from the plant on
Cadoux project originated from the company. The pilot plant is tailor-made, engineered and built to demonstrate the capabilities of FYI's innovative HPA flowchart concept.

The groups of visitors were invited on the basis of their current and / or future engagement. Support for FYI's HPA strategy and involvement of potential customers, commodity traders, project business, etc.
Investors and financiers, governments, researchers, future battery industry and media representatives. Some groups have come both from abroad and from the hinterland to participate.

During the development phase of the definitive feasibility study (DFS), FYI has received several awards. Core objectives for the pilot plant included:

  • a full demonstration of the entire end-to-end process, allowing one to observe the operational characteristics of the innovative process flow chart developed for the FYI's HPA strategy;
  • as an integral part of FYI's DFS process, several important (positive and negative) results from this study have provided important insights into optimizing economic parameters such as recovery, flow rates, material flow, operating costs, and investment;
  • Access to the facility will allow visitor groups to be better informed as a potential partner about FYI's innovative flowchart and long-term development strategy;
  • allows more meaningful due diligence by interested parties; and
  • The high-quality results of the pilot plant are used for the production of products. Qualification and negotiations with potential customers.

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For further information please contact us:
Roland Hill
Managing director
Phone: + 61 414 666 178 178
[email protected]

Simon Hinsley
Investor & Media Relations
Tel: (+0401) 809 653 XNUMX
[email protected]

About FYI Resources Limited

FYI's positions itself as a major manufacturer of high purity aluminum oxide (4N or HPA) in a wide variety of applications. rapidly developing LED, electric vehicle (EV), smartphone and television screen, and other associated high-tech product markets.

The basis of FYI's HPA strategy is the highest quality clay deposit (kaolin) in the Cadoux region and the excellent refining reaction that the feedstock has to meet the needs of the company.
innovative HCl flow diagram for moderate temperatures and atmospheric pressure. The qualities of FYI's The HPA development strategy combines and leads to first class project potential.

Press release FYI / translation and editing: ISE - October 2019

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