Ann: Market Update, page-5

Alusion is aluminum oxide
High purity Alusion = high purity aluminum oxide

in their 2024 annual report they write that they focus on multiple applications such as semiconductors which need HPA.

per definition that's a purity of > 99.99% (4N HPA) but in their February presentation they state >99.5%
the latter is not HPA but lower quality alumina which demands a price of $3-5 per kg.
in their annual report 2024 they said they want to achieve a price higher than their cosmetic product.

how is that possible with a low quality product?
if they cannot achieve 99,99% then it makes no sense to enter this business.
their statements contradict each other.