FYI Resources has appointed Control and Thermal Engineering to conduct work on a proposed high-purity alumina plant in Kwinana, after major partner Alcoa withdrew from the project.
Our weekly appointments wrap includes Edward Wray-Bliss, Walter Gomes, Raj Kandiah, John Palermo, Aurelien Scannella, Alan Dodge, Suzanne Ardagh, Christine Morris, Ian Wells, Chris Sutherland and Dale Alcock.
Our board moves wrap includes Tod McGrouther, Krista Bates, Kate Adams, Geoff Starr, Robert Jager, Adrian Jessup, Mauro Piccini, Trevor Dixon, and Adam Handley.
Shares in FYI Resources have fallen sharply for the second day running after the Perth company announced details of a $US250 million joint venture with Alcoa of Australia.
A $450 million potash development in northern WA and a $269 million alumina refinery planned for Kwinana have received major project status from the federal government.
Rockingham-based WA Kaolin has kicked off a capital raising to fund the scale-up of its WA operations; it joins several companies planning to mine the specialist industrial mineral.
Plans for a high purity alumina refinery in Kwinana received a small boost today, with Alcoa to investigate developing the project with proponent FYI Resources.
An array of companies, from blue chip miners to SMEs, is pursuing downstream processing of WA's battery minerals, despite the sharp downturn in the lithium market.
FYI Resources has edged closer to production at its high purity alumina project in Western Australia after completing a definitive feasibility study and securing equity financing with a European investment group.
Having recently detailed a $US178 million ($248 million) capital cost for its Cadoux Kaolin alumina project, FYI Resources has now commenced a bankable feasibility study for the proposal.
Overland Resources Limited is pleased to advise that it has executed a Sale and Purchase Agreement with Peter Gianni to acquire a 100% interest in Exploration Licence Application 53/1971 for a tota
Three Perth-based junior miners have tapped investors for more than $10 million, while gold explorer Crusader Resources will raise up to $US15 million ($19 million) as the company seeks a dual listing on London's AIM.
A jury has found ex-biotechnology player and self-described Wall Street executive William Ardrey guilty of fraud relating to his tenure with Perth-based company Phoenix Eagle.
