FYI Resources Limited ( (AU:CCM) ) has issued an announcement.
Cadoux Limited has made significant progress in the development of its HPA and Minhub projects during the quarter ending March 31, 2025. The company has advanced engineering studies for both projects, with a focus on optimizing process design and selecting key engineering services. The HPA project, aimed at commercial production, is progressing through various stages, including the development of a small-scale production plant and preparations for a larger commercial facility. The Minhub project has nearly completed its feasibility study, and the company received a substantial R&D rebate. These developments are expected to enhance Cadoux’s industry positioning and stakeholder value.
More about FYI Resources Limited
Cadoux Limited is an emerging critical minerals producer focused on developing ultra-high quality, high purity alumina (HPA) in Western Australia and a mineral sands processing and rare earths beneficiation facility in the Northern Territory. The company is also engaged in downstream development opportunities related to these projects.
YTD Price Performance: -15.00%
Average Trading Volume: 144,932
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$18.92M
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