FYI Resources Limited (AU:CCM) has released an update.
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Cadoux Limited has received a significant R&D Tax Incentive payment of $848,880, bolstering its innovative projects in high purity alumina (HPA) production and rare earth mineral processing. The Australian government-backed incentive supports Cadoux’s development of cutting-edge, cost-effective HPA materials for high-tech markets, including LED lighting and electric vehicle batteries. These advancements are positioning Cadoux as a key player in the growing market for critical minerals essential to global electrification and sustainable technology.
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