

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.
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