The company operates out of two primary locations in Australia. In Far North Queensland the company owns a high purity quartz mine, Sugarbag Hill. With a 20+ year mine life, the company is in a strong position to supply high purity quartz materials to the high-tech markets for decades to come.
The Sugarbag Hill quartz is a hydrothermal quartz with an in situ purity of 99.99% SiO2. The quartz body is approximately 800m long and has an estimated volume of greater than 2 million tonnes.
Resource is a visibly outcropping raw quartz resource tested at depth. 16 holes drilled to date forming 6 sections. Drilled to 60m and open at depth.
The company maintains its corporate headquarters in Melbourne, Victoria Australia. Mined quartz will be preprocessed in Queensland, and a crushed aggregate will be transported by rail to the companies processing plant in Melbourne, Victoria.
In Melbourne, the quartz will be further refined to a high purity sand and purified to solar and semiconductor grade products. This quartz processing involves a combination of physical mineral separation techniques, acid leaching, and high-temperature treatments.
The processed quartz products initially are targeted at an export market, but in the longer term, HPQ Materials is interested in fostering local Australian manufacturing operations.