ASX-listed FYI Resources has secured an A$80-million project development financing facility for its Cadoux kaoln and Kwinana high purity alumina (HPA) project, in Western Australia, as a definitive feasibility study (DFS) proved the project parameters.
The DFS has confirmed the 2018 prefeasibility study results, which found that 8 000 t/y of HPA could be produced from the integrated operation over a mine life of some 25 years.