FYI Resources’ kaolin project in WA has received formal approval for its Mining Proposal (MP) and Mine Closure Plan (MCP) from the WA Department of Mines.
This represents a significant step toward the development of the FYI 100pc-owned ML70/1388 high purity alumina (HPA) project.
FYI managing director Roland Hill said that now that this milestone has been reached, the company was waiting on only minor regulatory approvals.
“FYI will continue progressing its HPA strategy in anticipation of arranging full project funding and a formal decision to mine from the FYI Board,” he said.
The approval covers the planned mining, processing, site infrastructure, waste facilities, haul roads and other construction required.
The granting of the MP and MCP follows approvals in December last year for a high-purity alumina processing plant that were obtained from the Department of Jobs, Tourism, Science and Innovation and Development WA.
The plant will be built on a secured site in the Kwinana industrial estate in WA and will be used to process the raw material from the Cadoux kaolin project.
Its strategy is to produce 99.9pc alumina directly from an ore source rather than already refined aluminium metal, thereby optimising production efficiencies and reducing production risks.
The high-grade aluminous clay, sourced from the Cadoux kaolin deposit, will be used as feedstock in a hydrochloric acid leach (HCL) process which will be efficient and effective in the production of HPA.
Sourcing ore from its own deposit at Cadoux will allow FYI tight control over product quality and production specific applications.
The company is also targeting potash projects in Thailand and Laos.
