FYI Resources Ltd announced that the Western Australian Department of Mines, Industry Regulation and Safety (DMIRS) has approved Mining Proposal and associated Mine Closure plan for its Cadoux Kaolin Project. The approval includes the planned mining, processing, site infrastructure, waste facilities and hauls roads.
FYI Resources Managing Director Roland Hill said: “With this important milestone now achieved and only minor regulatory approvals required prior to commencing development and mining activities, FYI will continue progressing its high purity alumina (HPA) strategy in anticipation of arranging full project funding and a formal decision to mine from the FYI Board.”
DMIRS’s approval paves the way for the company’s high purity alumina (HPA) alumina project development, the foundation of which is the superior quality aluminous clay (kaolin) deposit at Cadoux.
The company is positioning itself to be a significant producer of high purity alumina in the rapidly developing LED, electric vehicle, smartphone and television screen as well as other associated high tech-product markets.
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