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FYI Resources Limited ( (AU:CCM) ) has issued an announcement.
Cadoux Ltd has joined the SAFELOOP consortium, an international collaboration aimed at advancing next-generation battery technology with a focus on safety, sustainability, and circular economy principles. As a full participant, Cadoux will contribute its high-purity alumina to the project, which is backed by a €5 million grant from the European Commission’s Horizon Program. This involvement enhances Cadoux’s strategic positioning in the critical minerals and battery materials sector, aligning it with major international supply chain and recycling initiatives, and potentially impacting the European battery industry by reducing reliance on Asian supply chains and improving environmental sustainability.
More about FYI Resources Limited
Cadoux Ltd is an emerging critical minerals developer focused on the battery materials sector. The company is involved in the development and supply of high-purity alumina (HPA), which is a key component in battery technology, supporting the transition to clean energy technologies.
Average Trading Volume: 227,985
Technical Sentiment Signal: Hold
Current Market Cap: A$17.06M
For a thorough assessment of CCM stock, go to TipRanks’ Stock Analysis page.