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FYI Resources Ltd (ASX:FYI) has wrapped up the third successful week of its pilot plant trial with Alcoa (NYSE:AA) of Australia for the production of high purity alumina (HPA) following a three-week campaign. The third week-long trial exceeded expectations and performed within the expected parameters, hitting all of its projected HPA target outcomes.
FYI Resources Ltd (ASX:FYI) has commenced the third high purity alumina (HPA) extended pilot plant campaign, in joint development with Alcoa (NYSE:AA) of Australia. This extended series of one-week pilot plant runs are designed to incorporate various process and operating refinements for trial with the objective to further enhance and optimise FYI's innovative, HPA refining process.
FYI Resources Ltd (ASX:FYI) and Alcoa (NYSE:AA) of Australia have delivered further results described as "outstanding" from the second week of their high purity alumina (HPA) pilot plant trial with an average purity of 99.9978% recorded from the samples delivered following the week-long campaign. The aim of the project is to produce high-purity HPA for the high-tech product market.
FYI Resources Ltd (ASX:FYI) has seen further success in its joint venture high purity alumina (HPA) trial with Alcoa (NYSE:AA) of Australia, with the latest pilot plant trial samples meeting operational and quality expectations. The HPA-producing hopeful recorded 99.9974% aluminium oxide purity among samples from the trial program, which wrapped up the second of four weeks on Tuesday.
FYI Resources Ltd (ASX:FYI) has closed the books on week two of its high-purity alumina (HPA) trial with Alcoa (NYSE:AA) of Australia. The HPA-producing hopeful is working with Alcoa (NYSE:AA) at its pilot plant facility in Welshpool, WA, where it hopes to one day erect an initial demonstration plant and a fully-fledged, 8,000-tonnes-per-annum HPA production facility.
FYI Resources Ltd (ASX:FYI) has kicked off the second phase of its extended pilot plant campaign – the second week of a four-week series of week-long pilot plant trials. This is part of a flurry of activity and announcements as the company continues to conduct trial production in collaboration with Alcoa (NYSE:AA) of Australia to develop and commercialise its high purity alumina (HPA) refining process.
FYI Resources Ltd (ASX:FYI) has received a A$1.18 million tax rebate boost for the 2020-21 financial year, benefiting from the current state and federal push to keep innovation alive and kick-start the post-COVID economy. The payment is a tax incentive rebate under an Australian Government scheme to boost research and development (R&D).
FYI Resources Ltd (ASX:FYI) continues to make good progress on Phase 1 joint extended high purity alumina (HPA) pilot plant trial operations with Alcoa (NYSE:AA) (Alcoa (NYSE:AA)). Having completed the Phase 1 trial production, the generated HPA was put through a series of internal tests to ensure product characteristics, quality, consistency and suitability to various downstream HPA applications.
FYI Resources Ltd (ASX:FYI) is teaming up with fellow ASX-lister EcoGraf Ltd (ASX:EGR, OTCQX:ECGFF) to create a better kind of battery coating — one that enhances performance with high-purity alumina (HPA). In a new technical program, both companies will look at ways to innovate common batteries — known as coin cells — by coating Ecograf's spherical graphite (SPG) layer with FYI's high-quality, nanoparticle HPA.
FYI Resources Ltd (ASX:FYI) says its high purity alumina (HPA) product appears to meet the higher end of the company's anticipated internal measures, following the first phase of extended pilot plant trials with Alcoa (NYSE:AA). As reported by Proactive Investors, FYI started trial production of HPA with an extended pilot plant campaign in collaboration with Alcoa, one of the world's largest aluminium producers with a market value of US$9 billion.
FYI Resources Ltd (ASX:FYI) has started trial production of high purity alumina (HPA) with an extended pilot plant campaign in collaboration with Alcoa (NYSE:AA) of Australia underway. The pilot plant at FYI's facility in Welshpool, Western Australia, is operating to design with current production in line with expectations.
FYI Resources Ltd (ASX:FYI) and alumina refiner Alcoa (NYSE:AA) Australia Ltd are readying for an extended high purity alumina (HPA) production trial. The extended study, set to kick off on Tuesday, November 16, will take place at FYI's pilot plant facility in Welshpool, Western Australia.
FYI Resources Ltd (ASX:FYI) has appointed Claudio Di Prinzio, a highly experienced project development and operations executive to the position of manager – Operations and Technology. Di Prinzio will be responsible for representing FYI's interest in the joint high purity alumina (HPA) project development with Alcoa (NYSE:AA), as well as establishing the safety, quality control and sustainability processes and control procedures.
FYI Resources Ltd has qualified to be upgraded to the US-based OTCQX market. The company commenced trading on the OTCQX on Friday, October 29, 2021, under the symbol FYIRF.
NEW YORK, Oct. 29, 2021 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global securities, today announced FYI Resources Limited (ASX: FYI; OTCQX: FYIRF), a resources company that is focused on developing an innovative and vertically integrated high quality, high-purity alumina, has qualified to trade on the OTCQX® Best Market. FYI Resources Limited upgraded to OTCQX from the OTCQB® Venture Market.
FYI Resources Ltd (ASX:FYI) and Alcoa (NYSE:AA) Australia Ltd are preparing to undertake an extended high purity alumina (HPA) trial production run at FYI's pilot plant facility in Welshpool, WA. This pilot plant trial – which aligns with the staged joint development project announced on October 1 – is intended to demonstrate processing efficiencies for the production of HPA via FYI's ‘innovative and fully integrated process flowsheet'.
FYI Resources Ltd has progressed a partnership with a global leader in the alumina industry to create a market-leading high purity alumina (HPA) business. The ASX-lister and Alcoa of Australia Limited have inked a binding, joint venture term sheet that stipulates they'll work together to realise FYI's dream — creating an initial demonstration plant and a fully-fledged, 8,000-tonne-per-annum HPA production facility.
FYI Resources Ltd has teamed up with a global leader in the alumina industry to create a market-leading high purity alumina (HPA) business. The ASX-lister and Alcoa have inked a binding, joint venture term sheet that stipulates they'll work together to realise FYI's dream — creating an initial demonstration plant and a fully-fledged, 8,000-tonne-per-annum HPA production facility.
FYI Resources Ltd (ASX:FYI) has signed a Memorandum of Understanding (MoU) with emerging graphite producer EcoGraf Ltd (ASX:EGR, OTCQX:ECGFF) to develop high purity alumina (HPA) doped carbon coatings material for application in the burgeoning lithium-ion battery market. Notably, initial research has demonstrated that HPA-doped carbon coatings on battery anodes enhance the performance of batteries.
FYI Resources Ltd (ASX:FYI) and Alcoa (NYSE:AA) of Australia Ltd are making strong progress regarding a possible joint venture (JV) for FYI's High Purity Alumina Project (HPA) in Western Australia. Both companies have agreed to an extension of the current Exclusivity Agreement to finalise the negotiations of a binding term sheet.