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A4N — Alpha HPA News Story

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Australia's Alpha HPA gains on signing MOU

BUZZ-Australia's Alpha HPA gains on signing MOU

** Shares of Australia's Alpha HPA A4N.AX rise as much as 4.3% at A$0.615, highest level since September 9

** High-purity alumina producer signs Memorandum of Understanding with a specialty South Korean ceramics company

** The MOU upgrades the scope to 1,700 tpa of high purity alumina materials from previously signed 1,400 tpa in Letter of Intent

** HPA First Project includes co's licensed solvent extraction, HPA refining technology and production of high purity aluminum products for technology markets

** Stock down 20.7% YTD, including session's moves


(Reporting by Shravya Marakini in Bengaluru)

((shravya.marakini@thomsonreuters.com;))

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