Lava Blue is a science-led, unlisted public company, developing a High Purity Alumina project on granted mining and exploration permits in north Queensland.
High purity alumina is >99.99% pure Al2O3, also known as 4N HPA, and is a chemically inert ceramic material with high thermal and electrical resistivity. These properties have made HPA the basis for all LEDs and sapphire glass. It is also highly effective in electronic displays and in semiconductors.
In addition, HPA Is now a critical material for making ceramic coated separators that are critical to the safety and performance for both lithium and aluminium batteries.
Lava Blue is now perfecting the process of manufacturing 4N HPA from the extensive resources it controls.
Key Transaction Information
PrimaryMarkets congratulates Lava Blue on successfully closing its recent capital raising which was upscaled from A$2.5M to A$3M due to demand.