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AlphaHPA

Alpha Hpa is a tech firm that engages in the evaluation, exploration, and development of mineral properties.

Backed by

The National Reconstruction Fund CorporationThe National Reconstruction Fund Corporation
Orica LimitedOrica Limited
AustralianSuperAustralianSuper

Raised 52.7M POST_IPO_EQUITY on January 29, 2026

About

AlphaHPA produces ultra-high-purity alumina for semiconductor and lithium-ion battery supply chains using a low-emission solvent-extraction process.

Mission

AlphaHPA is a Sydney-headquartered materials technology company focused on manufacturing high-purity alumina (HPA), a critical input for semiconductors, lithium-ion batteries and pharmaceutical applications. Its proprietary Smart SX Technology selectively extracts aluminium ions and recycles nearly all process reagents, enabling production powered by 100 % renewable energy and generating benign off-gases. The flagship Gladstone, Queensland ‘HPA First Project’ is currently under construction and has already begun small-volume shipments from its Stage One facility, positioning the firm as an early supplier to semiconductor manufacturers, including those supporting AI. AlphaHPA can flexibly convert extracted aluminium into 5N+ precursor salts or 4N+ boehmite/alumina, offering customers differentiated purity levels. Management highlights the company’s ability to strengthen diversified, trusted supply chains for critical materials. While specific revenue figures were not disclosed, the recent funding round underscores strong institutional confidence in the company’s technology and market potential.

Quick Facts

Funding

POST_IPO_EQUITY

Industry

Chemical, Manufacturing, Mineral

Team Size

11-50

Headquarters

Sydney, New South Wales, Australia