FYI Resources Limited is an Australia based resources company with its headquarters in Cottesloe, Western Australia (WA). The Company is focused on developing high quality and high purity alumina (HPA) to meet its growing demand in electric vehicles and LED markets. The Company foresees a robust demand for HPA over the coming years owing to its extensive use and wide applicability.
FYI is trying to position itself as one of the leading eco-friendly HPA producers. The Company's Cadoux Kaolin Project clearly replicates FYI's vision to commercialise its fully integrated and innovative HPA refining process to become a major participant in the HPA market.
Cadoux is a world-class HPA project with best-in-class project economics. The project boasts solid infrastructure with ideal geological conditions and characteristics for HPA processing. The project is located about 220 km to the northeast of Perth in WA. The project is fully owned by FYI, with the project area lying on a private land with no native title and finalised permits.
Backed by the development of the Cadoux project that is targeted to supply HPA to general and traditional consumer markets, the Company seems well-positioned to achieve its long- and short-term goals.
The Company has invested more than three years and millions of dollars to research and develop an environment-friendly purification process for HPA using conventional processing technologies and suitable equipment selection. Moreover, the Company has developed an advanced and innovative process flowsheet design that matches its project’s quality, chemistry and characteristics.
FYI intends to build and establish sustainable businesses and create long term value for its shareholders. The Company also focuses on attracting, retaining and engaging a world-class workforce that broadly aligns with its goal of sustainable development. Besides, it intends to develop and foster a strong and enduring relationship with its stakeholders.