Alpha HPA (ASX:A4N) is advancing commercialization activities at its unit, Alpha Sapphire, which converts high-purity alumina into monocrystalline, synthetic sapphires, according to a Wednesday filing with the Australian bourse.
The unit is currently marketing its sapphire product for use in optics, light-emitting diodes, and gallium-nitride-on-sapphire semiconductors, the filing said.
The Alpha Sapphire project's funding facility for a proposed plant will be available until Sept. 30, 2025, subject to a final investment decision by June 30, 2025, per the filing.
The company's shares were down 5% in recent Thursday trade.
Price (AUD): $0.94, Change: $-0.05, Percent Change: -5.07%
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。