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- FYI Resources (FYI) has begun stage two production of high purity alumina (HPA) following positive feedback and requests from potential customers
- The HPA product is expected to be consistent with the samples delivered in stage one — achieving an average grade above 99.995 per cent
- HPA will be produced at FYI’s custom facility in Welshpool, WA
- The company will work closely with potential offtake partners and incorporate specially requested processes to half of the HPA material
- Company shares are up 3.64 per cent and are trading for 5.7 cents
FYI Resources (FYI) has begun stage two production of high purity alumina (HPA) following positive feedback and requests from potential customers.
The HPA product is expected to be consistent with the samples delivered in the stage one piloting phase, with an average target grade exceeding 99.995 per cent aluminium oxide.
As of today, FYI will start a second stage of HPA production at its custom-built pilot plant in Welshpool, Western Australia. Once the HPA samples have been completed, they’ll be sent to potential customers.
FYI will work closely with these potential customers and will incorporate specially-requested finishing processes to half of the HPA material. This is so it can meet specific product specifications for particular applications and allow for a more favourable qualification process.
The plant will operate continuously over one week to produce at a rate of one kilogram per hour.
“We are delighted to recommence HPA pilot production. This campaign will have the dual purpose of confirming design criteria for our innovative process flowsheet and importantly also for generating additional HPA trial product for customer assessment purposes,” Managing Director Roland Hill said.
“We are confident that in combining our innovative process flowsheet and next-generation understanding and development of the HPA product that we are working towards a sustainable and economically competitive advantage,” he added.
FYI Resources will continue to provide updates on the pilot plant production and the outcome of the final HPA products.
Company shares are up 3.64 per cent and are trading for 5.7 cents each at 3:32 pm AEST.
