Materials

Striving to Become The World's Cheapest High Purity Alumina Producer

Tue 14 Nov 23, 9:56am (AEST)

HIGHLIGHTS

  • High purity alumina has 99.99% alumina purity that’s a key material for EV batteries, LED lighting and semiconductors
  • Impact Minerals has the right to earn an 80% interest in the Lake Hope HPA Project located 500 km east of Perth
  • A positive scoping study says the project has the potential to be the lowest-cost producer of HPA by up to 50%
  • The Project is estimated to produce 4N HPA at US$3,264 a tonne vs. peers like Alpha HPA which forecasted costs of US$5,940 a tonne back in March 2020
  • The project has a post-tax NPV of $1.3 billion for a production profile of 10,000 tonnes of 4N HPA per annum at an initial capex of $253 million
DISCLAIMER: Market Index helps small-cap ASX listed companies connect with Australian investors through clear and concise articles on key developments. Impact Minerals Ltd was a client at the time of publishing. All coverage contains factual information only and should not be interpreted as an opinion or financial advice. Consider consulting a qualified financial adviser before making an investment decision.

Created By

Kerry Sun

Tue 14 Nov 23, 9:56am (AEST)

Get the latest news and insights direct to your inbox

Subscribe free