Cadoux secures second WA grant payment as HPA pilot hits key milestone

FYI Resources Limited ( (AU:CCM) ) has issued an announcement.

Cadoux has received a second $600,000 tranche from a previously awarded A$3.0 million Western Australian Investment Attraction Fund grant, after meeting a key technology development and engineering milestone on its small-scale high purity alumina demonstration and production plant. The staged funding supports the company’s phased pathway to commercial HPA output of up to 10,000tpa, enabling bulk product qualification, process optimisation and potential modular expansion from its proposed Kwinana site.

The milestone payment underscores state government backing for Cadoux’s integrated HPA strategy and advanced processing technology, which targets high-growth markets such as LEDs and battery materials for electric vehicles and energy storage. Progress on the small-scale plant is positioned as a crucial step in proving commercial viability, strengthening Cadoux’s bid to become a significant, sustainable HPA producer aligned with Australia’s critical minerals policy and growing global demand for decarbonisation-related materials.

More about FYI Resources Limited

Cadoux Ltd is an emerging Australian critical minerals developer focused on high purity alumina and rare earth minerals, key inputs for high-tech products and electrification. The company is progressing a staged HPA strategy from a 1,000tpa small-scale plant to a planned 10,000tpa commercial facility, and is also advancing the Minhub rare earths and mineral sands processing project in Darwin.

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