$31M FYI’s HPA Peer Pushes Past $1BN Market Cap
Wise-Owl Jul 21, 2023
Capital flows into critical raw materials mining have soared, matching the market size of iron ore. Yet the untapped value lies in the processing of these materials. Amid this shift, our investment - FYI Resources (ASX: FYI) - received a $3M grant for its High Purity Alumina project, following Australia's Critical Minerals Strategy. The plan? To secure a greater share in trade and investment by building refining capability, with an estimated GDP generation of $139.7 billion.