The Company’s HPA First Facility remains a cornerstone of this growth strategy, with Stage One in continuous production and Stage Two advancing through construction toward full commercial scale.
GROWING DEMAND ACROSS HIGH-TECHNOLOGY MARKETS
Alpha has recorded increasing engagement and commercial traction across multiple sectors, led by the semiconductor industry. During December 2025, the Company achieved record monthly semiconductor shipments, reflecting growing demand for ultra-high purity, low-alpha alumina products used in advanced chip packaging and fabrication.
Key developments include the conversion of a Letter of Intent into a binding CY2026 supply contract with a South Korean customer, alongside further supply contracts under negotiation with Japanese customers. Importantly, customer demand currently exceeds existing Stage One capacity, reinforcing the strategic importance of Stage Two.
Beyond semiconductors, Alpha HPA has commenced ongoing, low-volume, high-value supply to the pharmaceutical sector, supported by long-term agreements under negotiation in both South Korea and Japan.
STAGE TWO CONSTRUCTION CONTINUES TO ADVANCE
Construction of Stage Two of the HPA First Facility, which will become the world’s largest single-site facility for high purity aluminium materials, continues to progress across multiple workstreams.
Recent milestones include the delivery of the first large-scale offsite-fabricated process equipment to site, completion of major civil works across key plant areas, and the mobilisation of the first Structural, Mechanical and Piping (SMP) installation contractor, Waltz. Engineering, fabrication and procurement activities are progressing in line with the project’s critical path, with multiple major equipment packages now delivered or in manufacture.
Operational readiness activities are also ramping up, with key production, maintenance and commissioning roles appointed to support the transition into high-volume operations.
POSITIONED FOR LONG-TERM GROWTH
With proprietary processing technology, expanding customer qualification programs and strong pricing conditions across multiple sectors, Alpha HPA is well positioned to support the next generation of high-technology applications while advancing its pathway to full commercial scale production.
Read the full ASX announcement here.
MEDIA CONTACT: Ellie Millar – 0448 122 948 or emillar@alphaHPA.com.au.
