Alcoa Australia and FYI Resources Australia signed a cooperation agreement to develop high-purity alumina (HPA) refining technology to accelerate the commercialization of the HPA project, and may establish a joint venture to operate the project in the future.
In October 2019, Australia FYI Resources announced that its pilot plant used high-alumina clay (kaolin ore) raw materials to prepare high-purity alumina through hydrochloric acid leaching. The trial production has been successful. The continuous operation for several days and exceeding the expected production proves that the project is commercialized Potential: In March 2020, FYI completed the feasibility study of the project and obtained a financing of up to A$80 million from a private equity fund. It plans to build a factory that can operate with an annual production capacity of 8,000 tons within 25 years.
Compared with the traditional hydrolyzed alkoxide method to prepare high-purity alumina, the new process is called "direct method"
For this contract with Alcoa, FYI managing director Roland Hill said that the company is very pleased to have "one of the world's most successful alumina producers" Alcoa participating in the development of its HPA project. "They will work with us to develop the HPA process flow diagram and refining technology, and commercialize the HPA business model outlined in our recently published Final Feasibility Study (DFS)."
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Alcoa (Alcoa) can produce 17 million tons of alumina per year, and its three alumina plants in Western Australia have an annual output of 5 million tons, accounting for 8% of the global market share, and it revealed earlier this year that it will continue Increase the annual production capacity to 5.25 million tons.