Alpha HPA (ASX:A4N) has begun stage two construction work at the High Purity Alumina (HPA) First Project in Queensland, with earthworks currently underway.
The HPA First Project represents the commercialisation of the production of high-purity aluminium materials using the company’s proprietary, exclusively licensed solvent extraction and HPA refining technology.
Alpha HPA, which has a market capitalisation of $907.66 million, has been mobilising equipment and support infrastructure, while Ergon Energy has begun power line burial.
Managing Director Rimas Kairaitis says the company is happy with how the project is progressing.
“we are extremely pleased to advise that construction of stage two of the HPA First Project, a major milestone which will build the world’s largest, single site facility for the manufacture of high-purity aluminium materials, has commenced,” Kairaitis says.
“We look forward to providing updates on the progress of the construction of stage two as the project advances.”
The HPA First Project in Gladstone is Alpha’s smart solvent extraction (SX) technology and will be considered one of the “largest” single HPA refineries in the world. The 10 hectare facility will leverage the established stage one facility, and the latest in process control systems and automation, capable of producing 10,000 tonnes of HPA equivalent per year.
During construction, the project is anticipated to generate more than 300 jobs, and once operational — which the company expects to be in 2025 — some 120 full-time jobs are expected to be created. The site will run on 100% renewable energy.
Alpha HPA specialises in the production of ultra-high purity alumina and related premium aluminium materials through its proprietary SX and refining technology.
Write to Aaliyah Rogan at Mining.com.au
Images: Alpha HPA
