Alpha HPA (ASX: $A4N) Project Update

Alpha HPA Limited (ASX: $A4N) has announced significant progress in its HPA First Project and Alpha Sapphire. The company has achieved stable production of high purity aluminas, with the HPA circuit reaching a production rate of over 500kgs per week at >99.995% purity. Additionally, Alpha is nearing completion of the initial 2 sapphire growth units and has successfully conducted multi-boule synthetic sapphire growth in Austria.

Executive Commentary

Alpha's Managing Director, Rimas Kairaitis, expressed satisfaction with the established stable production of high purity aluminas, emphasizing the unique capability of Alpha's process technology. He highlighted the significance of this achievement in increasing the company's ability to deliver larger volume testwork and facilitate small scale sales to customers, which can be developed into commercial scale contracts.

Summary of Projects Update

Alpha HPA (ASX: $A4N) has made significant advancements in its HPA First Project and Alpha Sapphire. The company has achieved stable production of high purity aluminas, with the HPA circuit reaching a production rate of over 500kgs per week at >99.995% purity. Progress in sapphire growth units includes near completion of the initial 2 units and successful multi-boule synthetic sapphire growth in Austria. Alpha continues to expand its product marketing efforts, particularly in the lithium-ion battery sector, and is close to finalizing the Definitive Feasibility Study and financing arrangements for Stage 2 of the HPA First Project. The company's disruptive, low-carbon process technology positions it to cater to high technology markets, including the semiconductor, lithium-ion battery, and LED lighting sectors.