---
title: "Impact Minerals (ASX: IPT) Corporate Release on Maiden Measured Resource for the Lake Hope HPA Project WA"
description: Impact Minerals is pleased to share the September 2024 Quarterly Report.
---

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# [Impact Minerals (ASX: IPT) Corporate Release on Maiden Measured Resource for the Lake Hope HPA Project WA](https://www.barclaypearce.com/blog/impact-minerals-asx-ipt-corporate-release-on-maiden-measured-resource-for-the-lake-hope-hpa-project-wa)

 Written by [Barclay Pearce Capital](https://www.barclaypearce.com/blog/author/barclay-pearce-capital) | Nov 18, 2024 11:40:19 PM

[Impact Minerals (ASX: IPT) ](https://www.linkedin.com/company/impact-minerals-limited/)is pleased to announce a substantial and high-grade maiden  
Measured Resource estimate for its flagship Lake Hope High Purity Alumina (HPA) Project, located  
about 500 km east of Perth in Western Australia.

### Announcement Highlights

1. Proven Resource: The project boasts 730,000 tonnes of high-grade lake clay, supporting at least 15 years of production.

2. Booming Market: HPA, used in electronics and clean energy solutions, commands prices of over $20,000 per tonne—a huge opportunity.

3. Low-Cost Leadership: Impact is set to produce HPA at one of the lowest costs globally, translating to high profits and reduced risks.

4. Government Backing: Early receipt of a $2.87M federal grant accelerates pilot plant construction, ensuring faster progress.

5. Sustainability: With an environmentally friendly production process and minimal waste, Lake Hope is set to lead in responsible resource development.

 

This milestone positions Impact Minerals to deliver low-cost, high-margin HPA products to meet growing global demand. The Pre-Feasibility Study is on track for completion in Q1 2025, setting the stage for long-term success.

Congratulations to Dr <https://www.linkedin.com/in/ACoAAAMScCgBeGot-9TMtw2vqwEWto1hYik_RZw>[Mike Jones](https://www.linkedin.com/in/mike-jones-48831615/), the board and the team at Impact Minerals for reaching this milestone.

 

 

Read the full Impact Minerals Company Update [here](https://www.barclaypearce.com/hubfs/Impact%20Minerals%20IPT%20Corporate%20Release%20on%20Maiden%20Measured%20Resource%20for%20the%20Lake%20Hope%20HPA%20Project%20WA.pdf).

*To learn more about Impact Minerals and stay up to date with investor information, subscribe to the Company's Chairman’s List.*  

[View full post](https://www.barclaypearce.com/blog/impact-minerals-asx-ipt-corporate-release-on-maiden-measured-resource-for-the-lake-hope-hpa-project-wa)

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