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$198M metal project announced for Central Qld

Alpha HPA
Alpha HPA

A mining company has selected a Central Queensland city for its $198 million metal development.

Alpha HPA has confirmed its High Purity Alumina First Project will be based in Gladstone.

A new industrial plant will be built on a 9.2 hectare site in the Gladstone State Development Area that is capable of producing 10,200 tonnes of high purity alumina annually. The final product will be exported by sea through the Port of Gladstone.

Deal signed

The proponent and Orica recently co-signed a memorandum of understanding (MOU) for reagent supply and by-product offtake for the project. The MOU is subject to negotiating and finalising a more definitive supply and offtake agreement.

Alpha HPA is trying to negotiate final purchase terms for land with Economic Development Queensland and hopes to start the full-scale project permitting process.

100 jobs

About 100 jobs are promised to be created as a result of the construction phase.

“The Gladstone site enables us to be within two kilometres of Orica, who we have signed an MOU with Orica to be our supplier of key process reagents and the offtake of the by-product for the project, creating a circular economy process,” Alpha HPA managing director Rimas Kairaitis said in a statement to the stock market.

“A successful pilot plant has been operating in Brisbane since July 2019 and, [through] using a low-cost extraction process, we are producing around 3kg daily of >99.99 per cent pure alumina.”

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