Ann: FYI Joins UN Global Compact, page-7

That's exactly my point. The bar chart you show, that was released last January, suggest they were suppose to allocate $50m in 2022, but it has not been confirmed in an ASX ann from FYI. I am really extremely surprised to see a company like Alcoa apparently allocating a significant level of funding to one of their cornerstone R&D projects for 2022, but it doesn't actually get announced officially, and probably will never be in 2022 (since it is now in the second half of Dec 2022). I'm basically calling this out as BS, though it's not clear to me who is responsible for the BS. But its absolutely a big red flag for anyone looking to invest in FYI.

All IMHO, DYOR