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The majority of HPA supply is coming out of Asia (3N/4N),...

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    The majority of HPA supply is coming out of Asia (3N/4N), however large scale operations are few and far between. As I've stated before, HPA is still a small niche market that has plenty of room to scale to keep up with demand.
    The production of 5N at an economically viable price point will set companies apart. That is why I believe PUA (pending the acquisition) will prosper greatly.
 
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