Alcoa to enter high-purity alumina market with joint development project

October 02, 2021 / www.metalbulletin.com / Article Link

Alcoa Corp has announced plans to enter the high-purity alumina (HPA) market with the signing of a binding term sheet between Alcoa of Australia (AoA) and Western Australia-based FYI Resources.

In a news release, Pittsburgh, Pennsylvania-based Alcoa said it intends to enter the HPA market "to address increasing demand for sustainable products through a joint development project."
According to the term sheet, AoA will hold a 65% ownership interest in the joint project, which will result in the construction of an 8,000-tonnes-per-year HPA plant by 2024.

"As a high-value product that...

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