FYI Resources (ASX:FYI) appoints new advisor to boost HPA project development

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FYI Resources (ASX:FYI) appoints new advisor to boost HPA project development

 FYI Resources (ASX:FYI) appoints new advisor to boost HPA project development
Image source: © Looby | Megapixl.com

Highlights

  • FYI Resources has appointed industry veteran Mr Phil Thick as a strategic advisor to the Board.
  • Mr Thick is a very seasoned expert in the mining, refining, and chemical industries and holds diverse experience in both executive and non-executive roles.
  • The appointment of the veteran will provide invaluable guidance to FYI in HPA and battery minerals project delivery.

Australian High Purity Alumina (HPA) player FYI Resources Limited (ASX:FYI; OTCQX:FYIRF; FSE:SDL) has appointed industry veteran Mr Phil Thick as a strategic advisor to the Board of Company.

The advisory board of a company is the first and foremost level to support and guide leaders and executive teams. The appointment of Mr Thick will add significant value to FYI’s board because of his business acumen and extensive experience with similar project developments.

Also Read: FYI Resources (ASX:FYI) achieves ‘landmark’ results from Joint Extended HPA trial

FYI Resources

Source: Company Announcement (8 April 2021)

Notably, FYI intends to position itself as a significant producer of 4N and 5N HPA in the rapidly growing high-tech product market, predominantly for electric vehicles, sapphire glass (LED), and other broader tech applications.

The appointment of the industry veteran will provide invaluable guidance to FYI in HPA and battery minerals project delivery. Mr Thick’s extensive experience at the global, national, and project levels will provide FYI with strategic advice and corporate assistance to help the development of the HPA project.

Good Read: FYI Resources (ASX:FYI) commences trading on US-based OTCQX market

Industry veteran to aid HPA project development

Mr Thick is a very seasoned expert in the mining, refining, and chemical industries. The veteran has a long and diverse experience in both executive and non-executive roles. He has held numerous senior roles across several companies, including Tianqi Lithium, Shell Australia, Coogee Chemicals, and Alcoa Australia.

Appointment of advisor

Source: © Scyther5 | Megapixl.com

Additionally, the expert also possesses an impressive track record of being instrumental in the development of several major resources projects, primarily in battery and energy-related industries.

“I have a great interest in the HPA sector and have followed it closely over a number of years, including during my time with Tianqi. I believe there is huge future upside for HPA and FYI are at the cutting edge in what they are doing which is supported by their partnership with Alcoa. I am delighted to be joining FYI’s team and I am looking forward to assist in progressing the HPA project along with the emerging value-add opportunities,” Mr Thick said on his appointment.

Related Article: FYI Resources (ASX:FYI) gears up to get listed on US OTC market

FYI shares last traded at AU$0.265 per share, up 1.92% as of 3 February 2022.

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