Lake Hope

Lake Hope - High Purity Alumina (HPA) Project

WESTERN AUSTRALIA | IPT 80%

HPA development project acquired to produce 99.99% 4n HPA, a technology sector material and on Australia’s critical mineral list.

Geology And Mineralisation

  • High grade aluminous clays in salt lakes.
  • 1.5-2 m thick, mineralised at surface, no overburden.
  • Exceptional material characteristics for mineral processing.
  • Heritage clearance obtained.

High Purity Aluminia

  • High Purity Alumina is aluminium oxide (Al2O3) with a purity exceeding 99.99% and superior brightness, hardness and resistance.
  • HPA is a technology sector material used in LED’s, Lithium battery separators, catalysts, and synthetic semiconductors.
  • 4N HPA commands prices of US$15,000 to US$25,000 per tonne.
  • Industry research expects significant demand growth.

Mineral Resources

  • 350+ drill holes used to define maiden mineral resource.
  • Lake Hope contains JORC 2012 compliant resource of 880,000t Al2O3 at 25.1% Al2O3*.
  • Multi-decade source of HPA, with heritage and POW clearance.
  • Significant exploration upside across 238 km2 of tenements.

Metallurgy

  • Novel hydrometallurgical process has produced 4N HPA from lake clays.
  • Meets chemical purity benchmarks of typical HPA.
  • Unique material with competitive advantage over kaolin.

Development Pathway - Preliminary Feasibility Study Underway

  • Novel hydrometallurgical process has produced 4N HPA from lake clays.
  • Meets chemical purity benchmarks of typical HPA.
  • Unique material with a competitive advantage over kaolin.