Surefire Resources (ASX:SRN) - Managing Director, Paul Burton
Managing Director, Paul Burton
Source: TNG
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Surefire Resources (SRN) produces 4N HPA from its Victory bore deposit in Western Australia
  • The highest purity level reached heights of 99.99 per cent
  • The company appointed Lava Blue in March 2023 to undertake a study on HPA production as an additional product from its Victory bore deposit
  • In June, the company announced a maiden MRE of 38 million tonnes at a grade of 23.3 per cent aluminium oxide
  • SNR is up 5.88 per cent, trading at 1.8 cents at 3:02 pm AEST

Surefire Resources (SRN) has produced 4N high-purity alumina (HPA) from its Victory bore deposit in Western Australia.

The test work confirmed the synthesis of 4N HPA, with the highest purity level reaching heights of 99.99 per cent.

“This successful test work result adds significant value to the company’s Victory bore deposit,” SRN Managing Director Paul Burton said.

“HPA from such a host rock raises important possibilities for the company’s future development strategy.”

The company appointed Lava Blue in March 2023 to undertake a study on HPA production as an additional product from its Victory bore deposit.

The Victory bore deposit contains high aluminium oxide grades in the waste rock, reaching grades of up to 31.4 per cent.

The high-grade waste rock presents Surefire Resources with an advantage, as it provides a potential low-cost feedstock for high-value HPA production.

4N HPA is in high demand in various industries due to its unique properties. It finds applications in coatings for lithium-ion battery separators, LED production, among others.

In June, the company announced a maiden mineral resource of 38 million tonnes at a grade of 23.3 per cent aluminium oxide.

SRN was up 5.88 per cent, trading at 1.8 cents at 3:02 pm AEST.

SRN by the numbers
More From The Market Online
The Market Online Video

ASX Market Close: IT stocks lead index higher | January 22, 2025

This was a seven-week closing high, achieved amidst positive sentiment as investors react to Donald Trump’s…
All watched over by machines of loving grace is a pretty good documentary

Wednesday notes: NEXTDC jumps on Trump’s $500B AI spend plan; JB Hi-Fi hits new record

It was a day not without its big-name earnings from the likes of Bubs (ASX:BUB) and
Home being built construction dwelling labour

200k new housing starts in 2026: UBS sees upside for construction, but are home prices too high?

In a new Global Research note from a team of UBS analysts headed by Economist George Tharenou, UBS sees “upside risk” for the
Image representing wireless networks

Etherstack signs US$1.2M deal with telecom giant AT&T, shares jump 12%

Etherstack Plc has signed a US$1.2M contract with global telecommunications carrier giant AT&T, pushing its shares…