Alpha Hpa Limited · ASX:A4N
Alpha Hpa — Investor Presentation (November 2024)
32 slides from Alpha Hpa's investor presentation, November 2024
Slide 1: Alpha HPA
AlphaHPA URITY ALUMINIUM MATERIALS TO HIGH TECHNOLOGY GROWTH SECTORS ASX:
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT The Definitive Feasibility Study (DFS) referred to in this Presentation has been undertaken to assess the technical and financial viability of the HPA First project. The DFS is based on the material assumptions about the availability of funding and the pricing received for Alpha
Slide 3: Technology led specialty chemicals company; commercialising in 2 stages
We are a technology led, speciality chemicals company We make ultra-high purity aluminium products with a worlds first process which are: Alpha is commercialising in 2 Stages as the
Slide 4: HPA First Project Site, Gladstone
° STAGE: °* STAGE, 2: HPA First Project Site Gladstone State Development Area 100% RENEWABLE ENERGY Naik. HPA FIRST PROJECT: Aloha HPA.
Slide 5: Stage 1: In Production
La Snr 2 STAGE 1: !N PRODUCTION Alpha HPA
Slide 6: Stage 1
STAGE 1:
Slide 7: Project Layout: Stage 1 and Stage 2
PROJECT LAYOUT: STAGE 1: IN PRODUCTION +350tpa — ALL PRODUCTS STAGE 2: FULL-SCALE FACILITY IN CONSTRUCTION FIRST PRODUCTION AT 2026 +10,000tpa — ALL PRODUCTS
Slide 8: Stage 2 Earthworks — September 2024
Stage 2 Earthworks — September 2024 STAGE 2 : CONSTRUCTION COMMENCED
Slide 9: Comprehensive Government Support
COMPREHENSIVE GOVERNMENT SUPPORT Alpha staff hosting Prime Minister of Australia Anthony Albanese, Federal Minister of Resources Madeleine King, Queensland Premier Steven Miles, and Queensland Minister for Regional Development & Water Glenn Butcher Queensland Government export finance australia $21.
Slide 10: Our Process and Technology
OUR PROCESS AND TECHNOLOGY Low cost, low energy process - highly cost/purity/carbon disruptive to incumbent processes which utilise aluminium metal feedstock “1 DAD OAC Alumina Hydrates Doria > Al(OH); or ALO-OH drying calcination milling by-product reagents Low Cost: We don’t use Al metal feedstock
Slide 11: Our Products
OUR PRODUCTS HIGH TECHNOLOGY ™™*“iangs SECTOR COVERAGE inno SN ULTRA ALUMINIUM NITRATE (AK(NO,)3-9H20) ™ © Lithium-ton Battery © LED lighting © Semi-conductor CMP polishing ULTRA SAPPHIRE (Al,0,)™ Scratch Resistant Glass Q Mini/Micro LEDs © ULTRAHIGH PURITY NANO-ALUMINA (AI,0;) POWDER ™ © CMP Slurri
Slide 12: Our Process Advantage
, ae Major reduction in process cost and We don’t use aluminium metal as a A feedstock carbon profile compared to incumbent process We are the first global manufacturer of Enables key lithium-ion battery safety large volume, aluminium nitrates at technolog world leading high purity (5N+) y E] Enable
Slide 13: Rapid, low-cost, high-purity aluminium-hydroxide coatings
Rapid, low-cost, high-purity aluminium-hydroxide coatings High-purity wet chemical coating across a range of li-ion battery surfaces Alpha’s proprietary 5N purity Aluminium Nitrate solution 4N+ purity boehmite Al -O -OH or Al(OH)3 coating Alkaline Drying 110°C – 800 °C (dependent on final phase)
Slide 14: High Purity Materials Unlock Key Li-ion Battery Safety Technology
ALPHA’S HIGH PURITY MATERIALS UNLOCK KEY Li-ION BATTERY SAFETY TECHNOLOGY Zero propagation from battery pack with high purity (Al-O-OH) boehmite coated cell casings (Utilises Alpha AFNitrate) Up to 100% reduction in thermal runaway with coatings on graphite anode materials (Utilises Alpha Al-Nitrate
Slide 15: Material electrochemical benefits and thermal runaway reduction
• Material electrochemical benefits • 100% reduction in thermal runaway under nail penetration Raw, uncoated graphite AAM Ultra fine (10-20nm) AI - O - OH particles. coated anode particles.
Slide 16: Al-hydroxide coated cell casings
Al-hydroxide coated cell casings propagation control of thermal runaway within the battery pack. Rapid, high purity Al-hydroxide coating (for OEM – 40% global supply)
Slide 17: Supplying High Power Semiconductors
(SUPPLYING HicH PoweR SEMICONDUCTORS HPA and HPA precursors for: * First sales established * CMP polishing * Semiconductor sector LOI in place for up to 1,000tpa HPA * Thermal interface packaging HPA demand linked to high power semiconductors, ef 8e ce } particularly silicon-carbide (SiC) Value of S
Slide 18: Supporting Next-Generation LED Technology
SUPPORTING NEXT-GENERATION LED TECHNOLOGY Alpha’s custom HPA tablets for sapphire glass supporting the C next generation of LED semiconductor technology Alpha SAPPHIRE Alpha HPA
Slide 19: New Frontiers — DLE Sorbents
NEW FRONTIERS — DLE SORBENTS Growing demand from Direct Lithium Extraction (DLE) sorbents * Aluminium based sorbent made from high-purity aluminium hydroxide (Al(OH); or ‘ATH’) * Alpha has a unique ability to manufacture high purity ATH as 100% amorphous * Amorphous ATH can generate DLE sorbents wit
Slide 20: Stage 2 DFS: Strong Financial Metrics
STAGE 2 DFS: STRONG FINANCIAL METRICS Compelling HPA First Project Stage 2 financial metrics, ramping up to 87% throughput by FY28 and steady-state production in FY30 HPA First Project Stage 2 Steady-state Financials (does not include Alpha Sapphire) First Project Stage 2 Alpha HPA Price Independent
Slide 21: HPA First Stage Two Project Execution Plan
LIVERY RS TEAM (10T) HPA First - Stage Two Project Execution Plan External vendor packages follow approved vendor processes an terface with HPA First IOT requirements Integrated Project Environment (IPE) System * The Project is being undertaken and delivered by Alpha HPA through the Integrated Owner
Slide 22: Cost Profile
COST PROFILE Alpha’s low energy and low carbon production process supports low cost, below incumbent peers HPA cost curve, current operations, 2021, USS/kg' 24 22 Ba Production costs, $/kg, 2021 aes 38 oN FO Ow Note: 1. CRU 2022, company reports. Alpha steady state production from FY30, after by-pro
Slide 23: Market Outreach and Pricing
MARKET OUTREACH AND PRICING Extensive 4+ year global market outreach * Detailed, technically driven understanding of market and applications * Pricing obtained by interviews, sales, refined quotations and customer LOIs * Comprehensive database of pricing available for Alpha’s materials * Alpha in pr
Slide 24: Comprehensive market outreach with over 200 potential end users
Comprehensive market Extensive, multi-year outreach with over 200 commercial market engagement potential end users across the with over 220 test samples Li-ion, LED semiconductor and despatched to over 125 end specialty materials applications users sectors Gladstone Stage 1 facilities Customer LOIs
Slide 25: Independent Certification
INDEPENDENT CERTIFICATION CERTIFICATE CERTIFICATE ALPHA HPA LTD (GROUP) SUSTAINABILITY QUALITY ENVIRONMENTAL WORK, HEALTH & MGMT SAFETY =) = al —— | ae cs) i Me ¥ AlphaHPA
Slide 26: World Leading Emissions
WORLD LEADING EMISSIONS 50-70% lower CO, emissions over incumbent (alkoxide) process scope 182 II scope 1+2+3 with creats ~71% lower total emissions in feedstock and 2 production process combined compared to the incumbent process 10 s |" | EMISSIONS REDUCTIONS tCO,ett 6 6.62 5.03 ‘ 308 nar 1. | We d
Slide 27: Alpha Sapphire
Alpha SAPPHIRE AlphaHPA
Slide 28: Alpha Sapphire
ALPHA SAPPHIRE: >? fol . od @ LED Targeting mini & micro-LED and sapphire optics markets Seu | September 2023: $30M QIC funding to secure sapphire business for QLD November 2023: $40M equity financing to match QIC 50 growth units are at steady state operation post FY25, and once the 100 growth units
Slide 29: Alpha Sapphire: Growth Units and Drivers
ALPHA SAPPHIRE: * First Sapphire Growth Units now fully installed — first sapphire early May * Technology Disruption: Access to new Ebner-Fametec Technology ) * Supply Crunch: End-user desire to de-link from Russia-China production SS “A * Demand Pull: Major new demand from micro-LED adoption Alpha
Slide 30: Upcoming milestones and raisings
5% Strategic Commence Definitive Investment & Supported Supported Technical Commercial North American Alpha Sapphire FID Stage 2 Raising Diligence Agreements MoU Raising A$40M A$180M ⚫ ⚫ ⚫ ⚫ ⚫
Slide 31: Corporate Snapshot
CORPORATE SNAPSHOT TRADING INFORMATION SHARE PRICE PERFORMANCE - 3 YEARS ASX CODE A4N | [| i Share Price (04/11/2024) ~$1.01c 52-week trading range $0.77 - $1.18 _ Issued Shares 1,134M = CAPITAL STRUCTURE ° Issued Shares 1,134M Unlisted options (@90c) 8.8M (expire 30 April 2025) Unlisted options (@9
Slide 32: Thank You
Thank You Rimas Kai Managing Director rkairaitis@alphahpa.com.au +61 408 414 474 Robert Williamson Director and COO rwilliamson@alphahpa.com.au +61 407 125 176 Rob Lord Investor Relations rlord@alphahpa.com.au +61 400 008 553 Cameron Peacock Business Development cpeacock@alphahpa.com.au +61 439 908