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FYI Resources Limited ( (AU:CCM) ) has shared an announcement.
Cadoux Limited reported significant progress in their critical mineral projects for the quarter ending December 31, 2024. The company has advanced engineering studies for its high purity alumina (HPA) and Minhub projects, with the latter’s feasibility study nearing completion. Cadoux is also engaging potential customers for its HPA product, particularly for heavy-duty electric vehicle applications. Additionally, site permitting approvals for the Kwinana HPA production facility are advancing, while the company continues to enhance its ESG activities and industry standing.
More about FYI Resources Limited
Cadoux Limited is an emerging critical minerals producer focused on developing ultra-high quality, high purity alumina (HPA) projects in Western Australia and a mineral sands processing and rare earths beneficiation facility in the Northern Territory. The company aims to progress these critical minerals projects to production, with a strong emphasis on downstream development opportunities.
YTD Price Performance: -11.67%
Average Trading Volume: 181,202
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$19.66M
Learn more about CCM stock on TipRanks’ Stock Analysis page.