Australia-based specialty metals and technology company Alpha HPA has acquired a 9.2 hectare site in the Queensland Government’s State Development Area in Gladstone to build a $300 million high purity alumina industrial plant.
Rimas Kairaitis from Alpha HPA said the company was fully funded to commercial production at its Stage 1, Precursor Production Facility (PPF) which is scheduled to commence production from August 2022.
We’ve operated a Brisbane demonstration plant since July 2019, and we are confident in the demand for high purity alumina,” Mr Kairaitis said.
“Stage 1, which is fully funded, will enable us to commence commercial production from August 2022, tapping into this demand quickly.
“Stage 2, the full scale project, will commence in parallel with Stage 1, and is scheduled to be commercially operating by 2024.”
Queensland’s Deputy Premier and Minister for State Development Steven Miles said Gladstone the project would support around 120 regional jobs in a new emerging industry with global demand
“High purity alumina is used in items such as LED lights, lithium-ion batteries for electric vehicles, solar battery storage and consumer electronics, and synthetic sapphire which is used in watches and smartphone camera glass,” Mr Miles added.
“These are high-technology items with rising consumer demand, particularly in China and Europe.
“Projects like this boost Queensland’s COVID-19 Economic Recovery Plan, and we’re backing Queensland to become a renewable energy superpower.”