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Alpha HPA ASX : A4N ASX Announcement 21 January 2021 The Manager Companies ASX Limited 20 Bridge Street Sydney NSW 2000 REPORT ON ACTIVITIES FOR THE QUARTER ENDED 31 DECEMBER 2020 HIGHLIGHTS EXPANDED MARKET OUTREACH ■ ■ ■ Intensified global marketing effort across an expanded range of high purity alumina and aluminium products including HPA , Boehmite and high purity aluminium precursors . High levels of end - user engagement for the Company's products with Alpha shipping multiple product samples to end - users in Li - ion battery supply chains , the LED lighting sector and for specialty chemical applications . Development of a further 5 high - purity products underway at the request of a number of end - users for use in both Li - ion battery and sapphire / ceramic applications . MANUFACTURE & MARKETING OF 5N LI - ION CATHODE PRECURSOR ■ ■ Successful manufacture of 5N purity ( 99.999 % ) aluminium precursor ( Al - precursor # 2 ) as used in the synthesis of aluminium bearing lithium - ion cathode chemistries , notably NCA and NCMA . Commencement of marketing of this Al - precursor # 2 via Traxys , with initial test sample despatched to a large European based cathode material manufacturer . MEMORANDUM OF UNDERSTANDING WITH RHINELAND SPECIALTIES MoU with Rhineland Specialties to market Alpha's high purity products to specialty North American markets with contemplated volumes of up to 6,000kg per month for both of Alpha's high purity precursor products . Rhineland MoU to complement existing marketing activities with Traxys . MAIDEN SALES OF 5N PRECURSOR # 1 INTO SPECIALTY CHEMICALS MARKET ■ ■ Sales of 40kg of Alpha's 5N aluminium precursor ( Al - precursor # 1 ) , with a further 20kg order expected in January 2021 , at an average price of US $ 496 / kg . Sales into speciality chemical markets considered a strong validation of product quality . ■ Strong end - user interest anticipated to lead to further precursor product sales . LODGEMENT OF HPA FIRST PROJECT LAND USE APPROVAL APPLICATION ■ Formal lodgement of the State Development Area Approval ( Development Permit ) for a Material Change of Use ( MCU ) with the QLD Dept of the Co - ordinator General . Approval decision for the Development Permit expected in March quarter CY21 . CONDITIONAL DIVESTMENT OF THE WONOGIRI COPPER - GOLD PROJECT ■ Conditional Share Purchase Agreement ( ' CSPA ' ) with Far East Gold Ltd ( ' FEG ' ) for the sale of Alpha's interest in the Wonogiri copper - gold project in Indonesia . Alpha HPA Limited | ABN 79 106 879 690 | Level 2 , 66 Hunter Street Sydney , NSW 2000 Phone : +61 2 9300 3310 | Facsimile : +61 2 9221 6333 | www.alphahpa.com.au