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FYI Resources welcomes $3 million grant for HPA project

FYI Resources welcomes $3 million grant for HPA project

FYI Resources Ltd (ASX:FYI, OTCQX:FYIRF) MD Roly Hill tells Proactive the Western Australian Government’s Investment Attraction Fund (IAF) has granted the company A$3 million, which will assist in the development of its high purity alumina (HPA) project. FYI is moving forward with its HPA project by advancing a small-scale production plant (SSP), essential for delivering high-quality HPA(>99.99% Al2O3) via the company’s innovative flowsheet design for evaluation by prospective end users. The plant’s design capacity is targeted at >1,000 tonnes per annum of high-quality HPA.

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