FYI signs binding HPA venture with major Alcoa

FYI Resources has signed a staged joint venture deal with Alcoa of Australia that on current projections would see the construction costs for a full scale high purity alumina development met by the major.

FYI signs binding HPA venture with major Alcoa FYI signs binding HPA venture with major Alcoa FYI signs binding HPA venture with major Alcoa FYI signs binding HPA venture with major Alcoa FYI signs binding HPA venture with major Alcoa

FYI will have 35% and Alcoa 65% of the venture.

FYI brings processing intellectual property to the venture and Alcoa the financial heft, infrastructure and credibility.