HPA project by King River Resources may get completed by May 2022

The high purity alumina project by King River Resources, which is listed on the ASX, is on track to submit a comprehensive feasibility assessment for the proposed 2,000 tonnes per annum HPA production plant in May 2022. Global HPA demand is predicted to expand at a 30% annual rate until at least 2028, according to the business, with significant demand in the LED lighting, semiconductor and electronics, optical, and battery industries.

The planned plant will create 5N and 4N quality aluminium products, with 5N including at least 99.999% pure HPA precursor chemicals and 4N containing at least 99.99% pure HPA precursor compounds.

To make the 5N aluminium precursors and 4N HPA, King River created its own unique ARC method. The ARC method gets its name from the fact that it uses an industrial Aluminum chemical feedstock that is recrystallized for purification and calcination.

The ARC technique is unique and different from the industry's existing approach, according to King River. The business claims that their technology can make 5N aluminium precursors and 4N HPA from industrial chemical feedstocks. This distinguishes the technique from those that synthesise it from aluminium metal or aluminous clays such as kaolin.

The ARC process will be used by King River's subsidiary, High Purity Metals, to produce a range of aluminium salts, aluminium compounds, boehmite, and HPA, which are in high demand in the LED lighting, semiconductor and electronics, medical bio-ceramics, optics, and lithium-ion battery industries, according to the company.

In the event that the DFS results are good, HPM plans to move forward with plant construction by having the necessary financing, contracts, offtake agreements, and a JV partner in place.

The ARC method, according to the business, offers considerable cost and carbon footprint savings to the sector. To widen industry partnerships and give Environmental, Social, and Governance, or "ESG" advantages, testing with alternative feedstocks and waste streams from other sectors is also ongoing.

According to King River, worldwide HPA demand will rise at a 30% compound annual growth rate until at least 2028. According to the report, with battery storage, electric cars, LED lighting, and portable devices all on the increase, as well as an ever-growing population, future demand is expected to be robust.

Plans to immediately proceed into production at King River's HPA project might undergo a dramatic change now that the official feasibility assessment is nearing completion. If the plans are carried out on schedule and within budget, 2022 might be a watershed year for King River Resources.