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Roland Hill, Managing Director of FYI Resources Ltd (ASX: FYI), informs proactive investors about the feasibility work for HPA developers and the recently received R & D tax rebate.
The company has received $ 300,000 from an anticipated $ 1.1 million, which will help advance its high purity alumina (HPA) strategy focused on its Cadoux Kaolin project in WA .
Funding will be provided for the establishment of a pilot plant that will significantly advance the proposed production of high purity, fully integrated, low risk and low cost 4N and 5N alumina products.
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