High Purity Quartz Limited (t/a Ultra HPQ)
Categories: | Securities, Mining / Oil / Gas Tenements |
Sale Type: | Asking Price |
Price Guide: | AUD $350,000 (Commitments and funding already received with remaining capacity of $138k) |
Status: | Open |
Summary:
Business Overview
The end-use applications which therefore depend on a secure supply of Ultra HPQS to the industrial markets are:
- All Smart devices including Phones, TVs, Digital Platforms (Facebook, Amazon, Netflix, Google etc)
- All fibre optic cables including for use in 5G networks
- Electric Vehicles
- All solar PV cells and modules and related renewable power generation
The end products manufactured using ultra high purity quartz sand are driving a cleaner and smarter future and are high growth, high value markets worth
The only existing producing Ultra HPQS resource at Spruce Pine, NC, USA. The concentration of supply risk is a matter of national security, especially for semiconductor applications and especially in China. The development of a second resource in Australia will be welcomed in major manufacture markets and we target 33% global market share based on estimation that HPQ Ltd will be the lowest cost producer by a significant margin.
The additional tests are as follows:
- Laser Ablation tests - the LA tests will show the best achievable chemistry across core material samples to show whether the quartz ore can achieve Semiconductor/Solar PV/Other end uses.
- Bulk chemistry test - the Bulk test also offers the opportunity to enter commercial discussions with an existing producer which has a long-standing requirement for quartz. This has the potential to lead to early cashflow from sale chip product in the short term and with minimal capital spend.
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