Outstanding Project Economic Metrics
HPA cash cost per tonne
Model Mine Life for NPV
(Resource >100 Years)
Average Annual EBITDA
After Tax NPV at 8%
Average Revenue Per Annum
NPV modelled on the following:
* 10,000TPA. **HPA basket price average of US$26,400 per tonne HPA (4N+5N). *** Includes 15% production of 5N.
FYI is positioning itself to be a significant producer of high quality critical minerals for use in the rapidly developing EV market and high-tech applications.
FYI is developing its innovative, high quality, HPA project, to create shareholder value.
HPA is a critical material for many high-tech products because of its unique characteristics and chemical properties that address high specification requirements in applications such as LED’s and sapphire glass products.
The long-term driver for HPA is the outlook for the booming electric vehicle and battery storage markets, where HPA has the capacity to increase the power yield, functionality and overall safety of the battery cells.
The FYI mission is to be a key contributor of a sustainable world by innovating responsibly, giving back to our communities and reducing environmental impact for our future generations.
Following the signing of the Term Sheet in October 2021, FYI Resources and Alcoa are jointly developing the High Purity Alumina (HPA) project. The joint HPA development project goal is the commercialisation of FYI’s innovative process for refining high quality HPA. This high-quality alumina product will provide a competitive advantage in the global HPA market.Discover MORE
High Purity Alumina
HPA is mainly used for its superior properties and characteristics, such as corrosion and scratch resistance, high brightness, and its ability to withstand extreme temperatures. It is used as a base material in the manufacture of sapphire substrates for applications such as light emitting diodes (LEDs), in the manufacture of artificial sapphire glass (eg mobile phone and television screens) and in certain battery and power storage components, artificial gemstones and special space, aeronautical and medical applications.Discover MORE