Allens has advised the Northern Australia Infrastructure Facility (NAIF) and Export Finance Australia (EFA) on the financing for Australia's first high-purity alumina processing facility in Queensland, the HPA First project being developed by Alpha HPA.
High-purity alumina is a critical material used in clean energy technologies such as LED lighting, lithium-ion batteries, and semiconductor applications.
'We are pleased to have advised NAIF and EFA as they continue to support industries in Australia that align with environmental, social, and economic development goals,' said lead Partner Scott McCoy.
'NAIF and EFA's support highlights the strategic importance of the project in advancing Australia's manufacturing capabilities and securing critical materials for emerging technologies. In particular, this project enhances Australia's role in the clean energy supply chain by facilitating domestic production of high purity aluminium products, supporting global initiatives to decarbonise. Congratulations to NAIF, EFA and Alpha HPA on reaching this significant milestone.'
The $400 million financing package is designed to help deliver government policy priorities including the critical mineral strategy, contributing to Australia’s clean energy transition and creating opportunities and economic growth in Australia’s regional communities.
Allens legal team
Banking & Finance
Scott McCoy (lead partner), Maria Ryan (Senior Associate), Campbell Halliday (Associate), Yukimaro Li (Lawyer)
Intellectual Property
Miriam Stiel (Partner), Tommy Chen (Managing Associate), Ryan Whittard (Associate)