FYI Resources Limited (ASX:FYI)

Full report available at FYI Resources Limited (“FYI” or “the Company”) has made major progress on, and significantly derisked the Western Australian High Purity Alumina “HPA” Project since our late 2020 Initiation Note. The most significant event was the mid-year signing with Alcoa of a Binding Term Sheet (“the agreement”) looking to the development of the HPA Project; this follows on from a previous MoU under which Alcoa undertook extensive due diligence (including marketing studies) and co...