FYI Resources Limited (AU:CCM) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
FYI Resources Limited has reached a pivotal point in its high purity alumina (HPA) project, completing an essential engineering phase and appointing GR Engineering Services Limited (GRES) to handle the next stage, which includes Front-End Engineering Design (FEED). The company is moving forward with its goal to commence production, with GRES’s proven track record in hydrometallurgical projects adding value to the project’s development. The successful completion of these phases aims to demonstrate the HPA project’s profitability and compliance with regulatory standards.
For further insights into AU:CCM stock, check out TipRanks’ Stock Analysis page.