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Alpha HPA Limited ( (AU:A4N) ) just unveiled an announcement.
Alpha HPA Limited has secured a $30 million corporate funding package from the QIC Critical Minerals and Battery Technology Fund, which will be used to support the company’s HPA First Project, Alpha Sapphire, and general corporate purposes. The funding, structured as Royalty Deeds, offers flexible financial support and includes a $27 million undrawn facility, with repayments linked to production targets. This strategic move is expected to enhance Alpha HPA’s operational capabilities and strengthen its position in the critical minerals and battery technology sector.
The most recent analyst rating on (AU:A4N) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Alpha HPA Limited stock, see the AU:A4N Stock Forecast page.
More about Alpha HPA Limited
Alpha HPA Limited operates in the critical minerals and battery technology industry, focusing on high purity alumina (HPA) production. The company is known for its HPA First Project and Alpha Sapphire, which are aimed at advancing the development and commercialization of high purity alumina products.
Average Trading Volume: 1,898,329
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.1B
Learn more about A4N stock on TipRanks’ Stock Analysis page.