Quartal Aktivitäten report; “The quarter has been transformational for Alpha. The Company is now set to enter commercial production via the PPF next year, and is accelerating each of the workstreams on the full scale Project”
RECURSOR PRODUCTION FACILITY (PPF) STRATEGY
- Fast-track commercialisation of the Company’s two ultra-high purity precursor products
- Facility to be built on HPA First Project site in Gladstone
- $27M capex fully funded after successful completion of $50M placement
- First production expected in July/August 2022
LOBAL MARKETING PARTNERS IN PLACE
- MoU with APL Engineered Materials to market Alpha’s products to Japanese and Chinese markets
- MoU with Technologica to market Alpha’s products to Europe
- MoUs complement existing marketing activities and expand geographical reach
RODUCT MARKETING ACCELERATES
- Significant additional inbound interest in the Company’s precursor products since PPF strategy launch
- First commercial HPA sales to a German LED phosphor counterparty
- Additional 93kg of Al-nitrate sales (Al-precursor #1)
- 26 product test orders received and/or shipped in the quarter
- Over 60 test orders despatched in total to over 35 end-users
EMORANDUM OF UNDERSTANDING WITH CLEANCO QUEENSLAND
- Potential to supply 100% of the HPA First Project electricity demand with renewable energy
- Carbon footprint modelling of the HPA First project indicates a 59% reduction in CO2 emissions over incumbent HPA manufacturing processes
PA FIRST PROJECT WORKSTREAMS ADVANCED
- Worley awarded the HPA First Project Front End Engineering and Design (FEED) and also nominated as preferred ePCM contractor
- Water supply contract signed with Gladstone Area Water Board
- Orica Definitive Agreements scheduled for execution in late July/early August
- Stage 1 of the Lender Engineer’s Independent Technical Expert (ITE) review completed
http://alphahpa.com.au/wp-content/uploads/2021/07/pjn10896.pdf