Just the Facts: Cadoux advances HPA and Minhub projects toward production скачать в хорошем качестве

Just the Facts: Cadoux advances HPA and Minhub projects toward production

Proactive’s Tylah Tully breaks down ‘Just the Facts’ of the latest news from Cadoux Ltd. The company has provided its December 2024 quarterly update, detailing progress on its two critical minerals projects. Cadoux continued engineering studies for its High Purity Alumina (HPA) project in Western Australia and advanced feasibility studies for the Minhub mineral separation plant in Darwin. At the HPA project, Stage 1/Phase 2 engineering activities progressed, including Front-End Engineering and Design (FEED) work, equipment fabrication, and environmental planning for the Kwinana production facility. Marketing efforts continued, with prospective customers assessing HPA samples for heavy-duty electric vehicle applications. Research and development partnerships remain active, focusing on downstream product applications. Cadoux holds a 50% interest in Minhub Operations Pty Ltd (MOPL) and is fully funding the Minhub feasibility study and associated research. The study is nearing completion, incorporating engineering improvements. Minhub aims to process 500,000 tonnes per annum of heavy mineral concentrate from third-party sources, with ongoing discussions for offtake agreements. On ESG initiatives, Cadoux engaged with industry groups, reviewed climate-related financial risks, and maintained community outreach activities. The company ended the quarter with approximately AU$2.43 million in cash. Upcoming activities include finalising the Minhub feasibility study, advancing permitting for the Kwinana HPA site, and continuing R&D and equipment testing in the March 2025 quarter.