Queensland Government invests up to $30m in sapphire glass production
Queensland Government invests up to $30m in sapphire glass production The Queensland Government is set to invest up to $30m to Alpha Sapphire, a subsidiary of Alpha HPA (ASX:A4N) for the production of sapphire glass. The investment, which is through the $100m Queensland Critical Minerals and Battery Technology Fund (managed by the Queensland Investment Corporation), will accelerate the delivery of two purpose-built furnaces used to ‘grow’ sapphire glass at Alpha HPA in Gladstone, Queensland. These units, Phases A and B, will allow Alpha HPA to produce more than 4tpa of sapphire glass from high purity alumina (HPA). Due to its durability, sapphire glass is ideal for use in micro-LEDs...