Put your hands up if you’ve heard of High Purity Alumina?
- High purity alumina, or HPA, is the battery material we don’t hear enough about.The high-purity (+99.99%) form of aluminium oxide (Al2O3) is a high value critical mineral used in electric vehicles and LED lights.
- In EVs, it is used to coat the separators that keep apart the cathode and anode in lithium-ion batteries.
- There’s about 5kg of HPA in every EV, on average. But it also being successfully tested for use in the anode and the cathode, which could send demand through the proverbial roof.
Demand may surge 300% by 2028!
We’ve got a NEW PEAK opportunity this morning looking to capitalise on this burgeoning demand!
Currently the market leader here on the ASX is Alpha HPA Ltd (ASX:A4N) with a market cap of ~$574.67m.
Keep an eye on your inbox this morning for the next HPA play on the ASX with a market cap of ~14.87m and listed options.
The company aims to become a global supplier of HPA products for the Lithium-Ion Battery (LIB), LED, kaolin & semi conductors which can attract prices between ~$40,000–$70,000 per tonne.
Across markets…
Australian shares are set to open higher, bolstered by a rally in tech shares in New York and as shares of regional US banks rebounded strongly. However, the rally was interrupted by news of a collision between a Russian fighter jet and a US drone.
President Joe Biden was briefed about an incident over the Black Sea in which a Russian Su-27 fighter jet struck the propeller of a US military “Reaper” surveillance drone, White House spokesman John Kirby said.
While there have been other such intercepts, Kirby said, this one was noteworthy because it was “unsafe and unprofessional” and caused the downing of a US aircraft. “So it’s unique in that regard,” Kirby said. Oil plunged on the news.
ASX futures were up 27 points or 0.39% to 7012 near 6.45am AEDT; they had been up more than 60 points earlier before news of the “incident” was reported.
Source: AFR
GBM has substantially improved the confidence and quality of gold resources at its Yandan project within the Drummond Basin following a key update.
Almost half (47%) of the resource of 15.9Mt grading 1 gram per tonne (g/t) gold, or 514,500oz of contained gold, is now in the higher confidence Indicated category where it had previously all been contained in the Inferred category.
Along with an increase in grade from 0.8g/t to 1g/t – due to the increased cut-off grade, this effectively offset the 5.6Mt reduction in overall tonnage.
GBM Resources (ASX:GBZ) resource update was the result of combining its FY2022 drill results with the updated geological model on the main deposit at East Hill.
East Hill itself now has a resource of 12.8Mt at 1.1g/t gold for 443,000oz of contained gold that includes a high-grade core of 1.1Mt at 5.7g/t gold, or 201,000oz of contained gold.
Source: Stockhead
Company: Terra Uranium (ASX:T92)
Sector: Uranium
Deal Type: IPO
Raise Amount: $7.5M
Latest Entry Price: $0.20
Today’s Price Change: $0.30 +7.14%
Company: Unith Ltd. (ASX:UNT)
Sector: AI/ChatGPT
Deal Type: Placement
Raise Amount: $4.5M
Latest Entry Price: $0.033 with a 1:1 UNTO
Today’s Price Change: $0.029 Unchanged
Company: Volt Resources Ltd. (ASX:VRC)
Sector: Battery Metals
Deal Type: Placement
Raise Amount: $5.75M
Latest Entry Price: $0.011
Today’s Price Change: $0.011 -8.33%
Company: Castle Minerals Ltd. (ASX:CDT)
Sector: Battery Metals/Base Metals
Deal Type: Placement
Raise Amount: $1.52M
Latest Entry Price: $0.03 with a 1:3 CDTOA
Today’s Price Change: $0.021 -8.70%
Company: Avenira Ltd. (ASX:AEV)
Sector: Phosphate
Deal Type: Placement
Raise Amount: $2.1M
Latest Entry Price: $0.01 with a 1:2 Listed Option
Today’s Price Change: $0.012 Unchanged
Company: Latrobe Magnesium Ltd. (ASX:LMG)
Sector: Magnesium
Deal Type: Placement
Raise Amount: $3M & $11.5M
Latest Entry Price: $0.10 with a 1:4 LMGO
Today’s Price Change: $0.064 -3.03%
Company: Askari Metals Ltd (ASX:AS2)
Sector: Mining
Deal Type: IPO
Raise Amount: $5.7M
Latest Entry Price: $0.35 with a 1:3 AS2O
Today’s Price Change: $0.50 -0.99%
Company: Tymlez Ltd (ASX:TYM)
Sector: Blockchain
Deal Type: IPO/On-market purchase
Raise Amount: $13.3M
Latest Entry Price: $0.01
Today’s Price Change: $0.014 +16.67%
Company: iCandy (ASX:ICI)
Sector: Gaming & Digital Advertising
Deal Type: Placement
Raise Amount: $1.25M
Latest Entry Price: $0.02 with a 1:1 ICIOB
Today’s Price Change: $0.047 Unchanged
Company: Fatfish Group (ASX:FFG)
Sector: Fintech
Deal Type: Placement
Raise Amount: $1.5M
Latest Entry Price: $0.015 with a 1:2 FFGOA
Today’s Price Change: $0.016 Unchanged
Company: Lobe Sciences (CSE:LOBE)
Sector: Medtech
Deal Type: Pre-IPO
Raise Amount: $1.5M
Latest Entry Price: $0.05 with a 1:1 Warrants
Today’s Price Change: $0.035 -12.50%
Company: Paradigm Biopharma (ASX:PAR)
Sector: Biopharma
Deal Type: IPO Cornerstone
Raise Amount: $1M+
Latest Entry Price: $0.35
Today’s Price Change: $1.37 +0.74%
Company: ReNu Energy Limited (ASX:RNE)
Sector: Energy
Deal Type: Placement
Raise Amount: $1.46M
Latest Entry Price: $0.06 with a 1:1 RNEO
Today’s Price Change: $0.047 -2.08%
Company: Cipherpoint Limited (ASX:CPT)
Sector: Cybersecurity
Deal Type: Placement
Raise Amount: $2.9M
Latest Entry Price: $0.005 with a 1:1 Listed Option
Today’s Price Change: $0.007 Unchanged
Company: Metals Australia Limited (ASX:MLS)
Sector: Lithium/Graphite
Deal Type: Placement
Raise Amount: $7.8M
Latest Entry Price: $0.078 with 1:1 MLSOD
Today’s Price Change: $0.041 Unchanged
Company: BBX Minerals Ltd (ASX:BBX)
Sector: Mining
Deal Type: Placement
Raise Amount: $2.1M
Latest Entry Price: $0.082 with a 1:1 BBXOA
Today’s Price Change: $0.115 -11.54%
Company: Avecho Biotechnology (ASX:AVE)
Sector: CBD
Deal Type: Placement
Raise Amount: $5M
Latest Entry Price: $0.022 with a 1:2 AVEO
Today’s Price Change: $0.009 +12.50%
Company: ECS Botanics Holdings Ltd (ASX:ECS)
Sector: Medicinal Cannabis
Deal Type: Placement
Raise Amount: $6.6M
Latest Entry Price: $0.033 with 1:2 ECSO
Today’s Price Change: $0.02 -13.04%
If you would like more information on future Peak deals, please don’t hesitate to get in touch.
Peak on 1300 304 460
