AEM to Present at ASX SMIDcaps Conference
Key points
- AEM to present at ASX SMIDcaps Conference on 23 September 2026
- High purity alumina (HPA) production capacity at 2,000 tpa
- Plans for a 'Stage 2' expansion to 6,000 tpa capacity from 2029
- Strong global demand for HPA driven by semiconductors and synthetic sapphire
- HPA pricing expected to remain high due to supply deficit
Full summary
Advanced Engineered Materials Ltd (AEM) is set to present at the ASX SMIDcaps Conference on 23 September 2026. AEM, a producer of high and ultra-high purity alumina (HPA) from its plant in Cap-Chat, Quebec, Canada, has a current production capacity of 2,000 tonnes per annum (tpa). The company expects to increase sales significantly to 40-60 tonnes in the second half of 2026, with continued growth through 2027. AEM plans to ramp up its 3N5+ 1000t pa circuit in 2028 and has a 'Stage 2' expansion plan targeting 6,000 tpa capacity from 2029. The company benefits from renewable hydroelectricity and low carbon emissions. The global HPA market is experiencing strong demand growth, driven by industries such as semiconductors and synthetic sapphire, with a forecast supply deficit from 2029. HPA pricing is expected to remain high due to the strong demand and supply deficit.
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