Alpha HPA Secures $30 Million Boost for Major Gladstone Expansion

Alpha HPA Limited has received a major injection of support for its Queensland operations, securing $30 million in funding from the Queensland Government’s Critical Minerals and Battery Technology Fund (QCMBTF). The investment, delivered through Queensland Investment Corporation (QIC), marks a significant milestone for the company’s fast-advancing project in Gladstone.

The funding will help accelerate construction of Alpha HPA’s Stage Two HPA First Project, which is set to become the world’s largest single-site producer of ultra-high purity aluminium materials. These materials are essential for semiconductors powering artificial intelligence technologies, lithium-ion batteries for electric vehicles, and a range of advanced manufacturing applications.