The latest announcement is out from Impact Minerals Limited ( (AU:IPT) ).
Impact Minerals Limited has announced the acquisition of a 50% interest in Alluminous Pty Ltd, which owns the HiPurA® High Purity Alumina processing technology. This acquisition is expected to accelerate Impact’s entry into the HPA market by up to two years, offering significant time and cost advantages. The acquisition includes a pilot plant nearing commissioning and a fully equipped HPA laboratory, which will enable faster customer qualification and process optimization. The partnership with North American investors and the involvement of the original HiPurA® inventors are expected to provide financial acumen, market access, and technical continuity, positioning Impact as a competitive supplier in the HPA market.
More about Impact Minerals Limited
Impact Minerals Limited is a company engaged in the mining and resource sector, focusing on the production of High Purity Alumina (HPA). The company is strategically positioning itself in the HPA market, which serves high-growth industries such as batteries, semiconductors, and LEDs.
Technical Sentiment Signal: Buy
Current Market Cap: €10.33M
See more data about IPT stock on TipRanks’ Stock Analysis page.