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Junior FYI Resources signs MoU with Alcoa for high purity alumina project

10 Sep 2020 13:47 reported by Joy Liu

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It was reported that Junior FYI Resources (FYI) has signed a memorandum of understanding (MoU) with Alcoa for the development of high purity alumina (HPA) project in Western Australia.

The two companies will research the possibility of HPA development cooperation, as well as find new customers for the health protection market.

According to the definitive feasibility study (DFS), the production of HPA could reach 8,000 tons per year within the mine’s life of around 25 years, with a capital cost of US$198 million.