Alcoa Launched Joint Project to Produce High Purity Alumina

SEATTLE (Scrap Monster): Alcoa Corporation announced joint development project aimed at boosting the production of high-purity alumina (HPA). The move is part of its efforts to address rising demand for sustainable products.

Accordingly, its subsidiary, Alcoa of Australia Limited (AoA) has reportedly entered into a binding term sheet with Western Australia-based FYI Resources Ltd. to foster developmental activities to produce HPA. The Alcoa subsidiary will have 65% ownership in the project, whereas the remaining 35% ownership will be held by FYI Resources.

The collaboration plans to construct a full-scale HPA plant with production capacity of approximately 8,000 metric ton per year (mtpy) by 2024.  The facility is expected to cost around $200 million. It had run a successful trial in December last year, which used Alcoa feedstock to produce HPA at over 99.99% aluminium oxide purity.

The first stage of the project includes additional production trials and detailed design of the facility. The next stage involves construction of demonstration facility and detailed engineering of the full-scale plant. In the third and final phase, the construction works on the full-scale plant will be started.

Tim Reyes, Executive VP and CCO, Alcoa Corporation noted that the production of HPA is aligned with the company’s sustainability commitment and that the project is a natural complement to its existing business.

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