Name of the Project
Cadoux kaolin high-purity alumina (HPA) project.

Location
Cadoux and Kwinana district of Western Australia.

Project Owner/s
FYI Resources.

Project Description
An updated definitive feasibility study (DFS) has defined a clear pathway for the development to commercial production of high-quality, high-purity 4N (purity level of 99.99%) and 5N (purity level of 99.999%) HPA suitable for light-emitting diodes and lithium-ion battery markets.

Production is estimated at 8 500 t/y of 4N HPA and 1 500 t/y of 5N HPA for a total of 10 000 t/y of HPA. The project has a 25-year mine life.

Potential Job Creation
The project is expected to create 200 jobs during construction and 140 ongoing jobs over the life of the project.

Net Present Value/Internal Rate of Return
The project has an after-tax net present value (NPV), at an 8% discount rate, of $1.01-billion and an internal rate of return of 55%, with a payback of 3.2 years. The NPV reflects the major technical improvements, substantial project derisking and other key commercial developments accomplished since the initial DFS was completed in 2020.

Capital Expenditure
Project capital expenditure is estimated at $202-million.

Planned Start/End Date
Not stated.

Latest Developments
The Australian government has awarded major project status to FYI Resources’ HPA project.

The project has been identified in the Resources Technology and Critical Minerals Processing National Manufacturing Priority Road Map as an opportunity for more advanced processing onshore. 

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
FYI Resources, tel +61 8 9313 3920 or email info@fyiresources.com.au.