FYI Resources Ltd.

FYI and Alcoa progressing potential HPA JV negotiations under an exclusivity agreement - The proposed JV seeks to leverage the respective parties' expertise and experience - HPA project due diligence is complete - HPA JV framework established and alignment on commercial terms - FYI value-add initiatives to be considered for inclusion in potential JV - Other minor JV related operating items to be finalised - Parties agree [...]

Key points - FYI appoints Non-Executive Director with extensive ESG experience - FYI has objective to create genuine project value through ESG framework - FYI's innovative HPA process underpins Company's mission of ESG excellence - FYI director to focus on ESG opportunities, platform development and reporting FYI Resources Ltd. is pleased to announce the appointment of Dr Sandy Chong as an independent non-executive [...]

Key points - FYI and Alcoa Australia established a MOU to develop a HPA project JV framework - An Exclusive Agreement period was entered into with Alcoa to negotiate a binding terms sheet as the basis for a full form joint venture agreement - HPA project due diligence review was completed - Alignment on commercial terms ongoing - Parties agree to extension of the current Exclusive Agreement to conclude a definitive [...]

Key points - FYI awarded Major Project Status and endorsed as a project of national significance by the Australian Federal Government - The award provides formal recognition for FYI's innovative high purity alumina project - The award acknowledges FYI's innovation and the potential for the HPA project to positively contribute to the economic prosperity of Australia. FYI Resources Ltd. is pleased announce that the [...]

ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and quantifies how well a company manages those risks - FYI achieves excellent inaugural ESG rating from independent, globally respected agency - FYI ranks in the top 6th percentile of its peer group - FYI furthers its commitment to its long-term sustainability objectives. Resources Ltd is pleased to advise that the Company has received [...]

FYI Resources Ltd. is pleased to advise that global market index provider, MSCI has announced changes to their Global Micro Cap Indexes which incorporates the inclusion of FYI Resources. As part of the changes, FYI will be added to the MSCI Australia Micro Cap Index which is designed to measure the performance of the Micro Cap segment of companies traded on the Australian Securities Exchange. The changes to the MSCI [...]

roject economics further improved in updated DFS: the company recently released an updated DFS for its HPA Project, with outstanding project economics that further improve what was already a robust case. The headline metric was the 87% increase in project NPV to US$1.0B, from US$543M. Updated project parameters enhance an already compelling project: FYI will scale up average annual production to 10ktpa HPA, +25% on prior [...]

Updated DFS results in increase in NPV reflecting technical and commercial progress of FYI's HPA Project development and positive value re-rating - FYI's innovative HPA process technology and process design validated through extensive test work and pilot plant trials - Updated DFS results in compelling project metrics demonstrated in revised NPV - HPA product marketing research confirms strong HPA industry growth and [...]