The transformation of Alpha HPA’s Gladstone-based project into the largest single-site ultra-high purity aluminium materials refinery in the world is officially underway with the company celebrating the official ground breaking today as the start of Stage Two construction.
Alpha HPA’s Managing Director Rimas Kairaitis said he was pleased to announce that construction of the Stage Two HPA First Project has now commenced, with extensive funding support in place to progress to full scale production.
Alpha HPA’s 10-hectare, state-of-the-art Stage Two facility will leverage the established Stage One operation, and Alpha HPA’s novel, and Australian owned and developed process IP.
At full scale, the site will be capable of producing over 10,000 tonnes of high-purity aluminium products per year, creating 120 ongoing local jobs on top of the 300 jobs during construction.
“Today marks a significant step forward for Alpha HPA, the Gladstone community and for high technology manufacturing in Australia,’’ Mr Kairaitis said at today’s official breaking ground event held on the Stage Two site.
“The start of Stage Two construction at our Gladstone site not only underscores our commitment to innovation and excellence but also solidifies our position as a global leader in ultra-high-purity aluminium materials.”
“We are proud to leverage our Australian-owned and developed process IP in creating a state-of-the-art facility to service high technology electronics industries, that are so important in the energy transition” This project is a testament to the incredible potential of homegrown technology and its ability to compete on the world stage.
“Securing extensive funding support from our shareholders and the Australian and Queensland Governments and has been pivotal in moving this project forward, and we are now well-positioned to progress to full-scale production.
“The economic and community benefits for Gladstone will be substantial, with long-term job creation and opportunities for local businesses,’ Mr Kairaitis said.
Alpha HPA’s proprietary process technology offers a unique opportunity to manufacture a wide range ultra-high purity aluminium material that are cost competitive, low-carbon and which leverages off established industrial infrastructure in Gladstone.
The innovative process allows for the extraction and purification of aluminium from industrial feedstock, producing materials of exceptional purity for high-technology applications, including the semiconductor, lithium-ion battery, and LED lighting sectors.
Alpha HPA has secured a $400 million Australian Government debt facility and raised $180 million in equity to fund the Stage Two development.
Ends.
Media contact: Ellie Blumel – 0448 122 948 or eblumel@alphahpa.com.au
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