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Alpha HPA (ASX: $A4N) completes maiden synthetic sapphire growth

Alpha HPA provides update on Alpha Sapphire project activities


Alpha HPA Limited (ASX: $A4N) has successfully completed the maiden synthetic sapphire growth, producing approximately 300kg of C-axis 8" sapphire boules at the Company's HPA facility in Gladstone, QLD. The synthetic sapphire growth was carried out by Alpha Sapphire, a wholly owned subsidiary of Alpha, utilizing the Ebner-Fametec sapphire growth technology and Alpha's high purity alumina feedstock.

Alpha's Managing Director, Rimas Kairaitis, on the milestone achievement


This is a very exciting milestone for the Company, and also represents what we believe is the first production of synthetic sapphire in Australia. The Alpha HPA process and the Ebner-Fametec growth technology each represent innovative and disruptive technologies and are perfectly matched in the production of low-carbon synthetic sapphire.

Summary of Alpha HPA's synthetic sapphire growth and future prospects


Alpha HPA's successful completion of the maiden synthetic sapphire growth marks a significant achievement, positioning the Company as a pioneer in synthetic sapphire production in Australia. The utilization of innovative technologies and high purity alumina feedstock underscores Alpha's commitment to disruptive advancements in the industry. With plans for further production runs and quality assurance reviews, Alpha HPA is poised to establish itself as a key player in the synthetic sapphire market. The Company's strategic partnerships, secured project funding, and detailed assessment of the business opportunity reflect a strong foundation for future growth and market leadership in the synthetic sapphire segment.

ALPHA HPA LIMITED
A4N | ASX | Materials
0.865-0.005(-0.57%)
At close 05/07 (AEDT)
Market cap
$987.1M
Volume
1,994,865
DY Yield
0
PE Ratio
0
52 Week Range
0.645 - 1.25
1YR Return
1,702.083%

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