FYI Resources moves ahead on Kwinana alumina plant, secures new equity

Perth materials technology group FYI Resources has announced a positive result from its definitive feasibility study (DFS) for its Western Australian high purity alumina (HPA) project. The company, which plans a kaolin mine at Cadoux, WA and a processing plant at Kwinana south of Perth, has also secured $80 million in development equity financing for…

Hazer Group gets R&D refund

Technology development compay the Hazer Group has received a R&D tax incentive refund of $1.3 million for its development activities in the 2019 financial year. The Perth company is commercialising the Hazer process, a low-emission hydrogen and graphite production technology. Hazer CEO Geoff Ward said the funds, together with a capital raising in November, put…