Brief: FYI Resources Says Co & Alcoa Sign Binding JV Term Sheet For FYI HPA Project
Oct 1 (Reuters) - FYI Resources Ltd FYI.AX :
* FYI & ALCOA SIGN BINDING JV TERM SHEET FOR FYI HPA PROJECT
* BINDING TERM SHEET FOR JOINT DEVELOPMENT OF FYI'S ALUMINA
HPA
PROJECT
* TERM SHEET CONTEMPLATES THREE PHASES FOR DEVELOPMENT OF
PROJECT
OF WHICH FYI WOULD OWN 35% AND ALCOA WOULD OWN 65%
Source text for Eikon: ID:nASXMy5CZ
Further company coverage: FYI.AX
((Reuters.Briefs@thomsonreuters.com;))
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