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Bonanza cash flagged for Collerina HPA project

COLLERINA Cobalt’s plan to build a business producing high purity alumina (HPA) from readily available “bulk industrial chemicals” next to the port at Newcastle in New South Wales has been modelled to generate bonanza-looking free cashflow of A$247 million per annum

Michael Quinn
HPA is used in ceramic coated lithium-ion battery separators

HPA is used in ceramic coated lithium-ion battery separators

To achieve that it will need only $215 million in capital. The Norm Seckhold-Rimas Kairaitis led company (which intends to change its name to alpha HPA), is banking on the EV revolution and strongly...

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