Home » News » ALPHA HPA Limited Progresses Development of High Purity Alumina Plant in Gladstone QLD

ALPHA HPA Limited Progresses Development of High Purity Alumina Plant in Gladstone QLD

July 25th, 2023

Gladstone based ALPHA HPA (ASX: A4N) has commercialised the world’s first adoption of the solvent extraction (SX) purification technique to aluminium to produce a growing range of ultra-high purity aluminium materials.

The AFR notes that shares in the company have increased by approximately 150% over the past 12 months.

The high purity aluminium oxides, hydroxides, nitrates and sulphates produced by ALPHA HPA are found in a wide range of high technology industries including LED lighting, synthetic sapphire, semiconductors, and lithium-ion battery markets. ALPHA HPA considers that their products offer market-leading purity levels, developed with a dramatically lower carbon profile.

The company has attracted significant attention from key figures in recent years, including:

  • A 5% equity investment by Orica Ltd;
  • $21.7M in grant funding from the QLD State Government under the Industry Partnership Program;
  • $15.5M in grant funding from the Australian Federal Government under the Critical Minerals Development Program.

ALPHA HPA announced to the ASX in July 2023 that its stage one precursor production facility (PPF), which features Alpha’s licensed solvent extraction and HPA refining technology, is already producing 99.99% pure aluminium products in commercial quantities.

Alpha HPA plans to start the second stage of development for the plant. When Stage 2 is complete, it is envisioned that the technology will enable extraction and purification of aluminium from an industrial feedstock to produce 4N (>99.99% purity) alumina and 5N (>99.999% purity) aluminium salts for sale into high technology markets for products including LED lighting, lithium-ion batteries for electric vehicles, semiconductors, and consumer electronics.

ALPHA HPA announced to the ASX in June 2023 that the company received a $1.6M Refundable R&D Tax Offset for the FY22 period.

Please get in touch with our office if you would like to speak to someone about a potential  R&D claim, or check out our website for more information.

Post a Comment

(*) indicates required field.

Are You Eligible?


Click here for the R&D Eligibility Wizard

R&D Audit Checklist


Click here for the R&D Eligibility Wizard

Categories

Archives

 
  
 Swanson Reed - Specialist R&D Tax Advisors 
 
 
 Swanson Reed - Specialist R&D Tax Advisors
  
 39 Google reviews 
 
  
 
 
 
 
  
 Swanson Reed - Specialist R&D Tax Advisors 
 
 
 Swanson Reed - Specialist R&D Tax Advisors
  
 39 Google reviews 
 
 
 
 
 
  
 
 
 
 Daniel McGregor 
 
 
 Daniel McGregor 
 
2022-08-11
 
 
  
 
I have been using Swanson Reed for my clients for more than a decade.  Having a specialist firm that can provide practical and commercial advice that produces real outcomes is very important and we have received great feedback from our clients.
Highly recommended.
  
 
 
  
 
 
 
 John 
 
 
 John 
 
2022-06-15
 
 
  
 
Damian and the rest of the team at Swanson Reed have been supporting us for several years.  We always appreciate their insights, expertise, and efforts.
  
 
 
  
 
 
 
 Rueben Rajasingam 
 
 
 Rueben Rajasingam 
 
2022-06-06
 
 
  
 
Experienced responsive Team. They have been a great help to me and my company navigate the R&D tax claim process and have provided invaluable advice.
  
 
 
  
 
 
 
 Enrique Esquivel 
 
 
 Enrique Esquivel 
 
2022-06-06
 
 
  
 
Damian and the team at Swanson Reed have been extremely helpfully and professional during all of our consultations. Highly recommended.
  
 
 
  
 
 
 
 Jess at Y&C 
 
 
 Jess at Y&C 
 
2022-06-03
 
 
  
 
  
 
 
  
 
 
 
 Anatole Kononewsky 
 
 
 Anatole Kononewsky 
 
2022-06-02
 
 
  
 
The Swanson Reed team have provided our company with exceptional professional advice and assistance for all of our R&D claims for many years - have always achieved great results with excellent value for their services.
  
 
 
  
 
 
 
 Payam Toloo 
 
 
 Payam Toloo 
 
2022-06-02
 
 
  
 
Damian Smyth and his team are very helpful, supportive and experts in their field of R&D Tax claims. I'm always happy with the work they do and been a customer of their for over 5 years.
  
 
 
  
 
 
 
 Melissa Doddy 
 
 
 Melissa Doddy 
 
2022-05-31
 
 
  
 
The Team at Swanson Reed are very experienced R&D Tax Advisors and gave us ongoing support with all of our R&D Claims, the consultants ensured we were always working with current legislative guidelines, gave us assistance with compiling technical and government documentation and went out their way to ensure they were with us for the entire process from beginning to end.  Highly recommended to anyone who needs assistance with working through what can at times be a daunting process.
  
 
 
  
 
 
 
 Gary Watson 
 
 
 Gary Watson 
 
2022-05-31
 
 
  
 
We can highly recommend Swanson and Reed as an R & D accountant. We have worked with them for several years now as they make our R & D claim so easy and communicate quickly with both us and our accountant.
  
 
 
  
 
 
 
 Rob van den Bergh 
 
 
 Rob van den Bergh 
 
2022-05-31
 
 
  
 
Always professional.