Alpha HPA Limited (ASX: A4N) on September 2024 quarterly report highlights significant progress in its HPA First and Alpha Sapphire Projects. Stage 2 earthworks for the HPA First Project advanced with site clearing, compaction, and operational construction facilities. Key equipment orders were secured, and a AU$14.85 million MMI-C grant milestone payment was received. A formal groundbreaking ceremony was held, marking a major milestone. Stage 1 production exceeded 1,200 kg/week, supplying high-purity aluminium products for semiconductor, sapphire glass, and lithium extraction markets. The UltraCoat process demonstrated safety benefits, while Alpha achieved notable traction in battery and semiconductor sectors, with 64 product orders received in September.
Alpha Sapphire saw its maiden sapphire qualifications and sales, with boules dispatched for semiconductor and LED end-user testing. Leveraging proprietary low-carbon technology, Alpha continues its mission to support decarbonization through high-purity aluminium materials for critical industries, including semiconductors, LED lighting, and lithium-ion batteries.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.