FYI Resources adopts global ESG reporting standards for HPA asset
As battery materials garner international interest, FYI Resources is determined to bring its organisation in line with a suite of environmental, social and governance standards. FYI Resources is dedicated to bringing its organisation in line with global ESG standards as demand for battery materials like HPA rises.
FYI Resources Ltd (ASX:FYI) (OTCMKTS:FYIRF) (FSE:SDL) has adopted an environmental, social and governance (ESG) framework in a bid to improve shareholder outcomes from its kaolin and high purity alumina (HPA) assets.
The industrial resources developer’s WA-based operations, including the Cadoux Kaolin Project and a HPA processing centre in Kwinana, will now fall under global ESG reporting standards and an economic overlay.
FYI Resources admitted to MSCI Australia Micro Cap Index
Global market index provider MSCI has designed this index to measure the performance of the micro- cap segment of companies traded on the Australian Securities Exchange. Changes to the MSCI Global Micro Cap Indexes will take place as of the close of May 27, 2021.
FYI Resources Ltd (ASX:FYI) (OTCMKTS:FYIRF) (FRA:SDL) has been included on the MSCI Australia Micro Cap Index which is designed to measure the performance of the micro-cap segment of companies traded on the Australian Securities Exchange.
Global market index provider MSCI has announced changes to their Global Micro Cap Indexes which incorporates the inclusion of FYI Resources.
FYI Resources enters exclusivity agreement with Alcoa for HPA joint venture negotiations
“We view Alcoa as an ideal partner in which to assist us to achieve our goal of developing the HPA project into a major world-class asset to produce and supply high quality, ultra-pure HPA,” says MD. Further due diligence will be undertaken to establish the technical and commercial viability of establishing a JV.
FYI Resources Ltd (ASX:FYI) (OTCMKTS:FYIRF) (FRA:SDL) has entered an exclusivity agreement with Alcoa Australia Limited which will see the parties undertake detailed negotiations for a possible high purity alumina (HPA) project joint venture.