Ann: FYI Achieves Outstanding Recovery of 99.999% Purity Alumina, page-32

I think almost noone is aware of the impact of the ability of producing 5N. There is a new area of customers FYI can provide with material compared to the competition. Furthermore new usages like traffic lights, outdoor displays and high-performance backlights can be produced by the feedstock. An incredible milestone step that was not expected at least not without additional measures and costs.

In addition the required amout of 5N is not so low. 20000t in 2020 and 30000t in 2022. In my opinion this success is a game changer for FYI. FYI has now three sources to gain money.

4N, 5N and HPQ really second to none

(source proactive investors)
Global market share by HPA purity

The greater portion of use for 5N being in the medical, aerospace and defence, and automotive sensors sectors.

5N HPA finds application in LEDs that are used in traffic lights, outdoor displays, and high-performance backlight units.

The growing demand for these products is one of the key driving factors for the 5N market.

Global 5N HPA forecast demand (tonnes)