Australia's Alpha HPA gains on agreements with Austria-based firm, unit

Alpha HPA

23/03/2023 24:51

** Shares of alumina supplier Alpha HPA  A4N.AX  climb as
much as 5.5% to A$0.670 - set for best session since Feb. 20, if
gains hold
    ** Co reaches agreements with Austria-based Ebner
Industrieofenbau GmbH and its unit Fametec GmbH for potential
cooperation on commercial roll-out of Ebner and Fametec's
sapphire growth technology
    ** Sapphire glass is used in LED lighting, optics and
consumer electronics
    ** Stock hits highest level since March 14
    ** More than 2.5 mln shares change hands, compared with the
30-day average of 1.3 mln shares 
    ** Stock down ~0.8% this year, as of last close 
    


 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))