FYI Resources Ltd. announced the results of the third week of extended HPA pilot plant operations undertaken in collaboration with Alcoa of Australia (Alcoa). The joint development HPA pilot plant trial, utilizing feedstocks provided by Alcoa, ran from the 18th to the 25th January 2022 and achieved purity from 99.999% to 99.997% Al2O3 during its week long operation. Purity of the HPA was confirmed via analysis using high level Glow Discharge Mass Spectrometry (GDMS) to provide independent, high accuracy confirmation.

The aggregated results from the first three extended pilot plant trials have been outstanding. The pilot plant analysis shows a definite increasing trend in the following: higher purity levels achieved, increasing overall average purity over the extended pilot plant operations, and Tighter range and consistency of purity over the extended pilot plant trial. The following graph demonstrates the measurable quality improvements made over the extended pilot plant trials as a result of various operational refinements.

FYI and Alcoa have made strong progress in the development of the HPA project. It was agreed by the FYI and Alcoa development team that the objectives of the extended pilot plant trials have been successfully achieved and that the final pilot plant trial scheduled in the series is no longer warranted. With the pilot plant operations phase now complete, increased development focus and project resources will now be turned to finalizing the engineering phase, bringing the project one step closer to commercialisation.