Altech closes in on securing project financing for alumina plant and feeder mine
The company is satisfying conditions in order to draw down on US$190 million debt.
Company
Altech Batteries Ltd
ASX:ATC
Altech Batteries Ltd is a specialty battery technology company that has a joint venture agreement with world leading German battery institute Fraunhofer IKTS to commercialise the revolutionary CERENERGY® Sodium Chloride Solid State Battery. CERENERGY® batteries are the game-changing alternative to lithium-ion batteries.
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Altech Chemicals has key catalyst on the horizon as it trades at steep discount to broker valuations
High purity alumina (HPA) is a high-value, robust margin and heavily sought-after product.
Altech Chemicals patent application further protects high purity alumina technology
The new patent application incorporates refinements made to the HPA technology.
Altech Chemicals has manufacturing licence approved for HPA plant in Malaysia
The company is also seeking tax exemption status for the 1.2bln ringgit alumina plant.
Altech Chemicals finalises US$190 million finance package for Alumina plant
Altech is exploring potential project-level joint venture options.
Altech Chemicals sees heightened interest in its alumina project in Malaysia
KfW IPEX-Bank approved an increased project finance debt package of US$190 million.
Altech Chemicals submits manufacturing licence application in Malaysia
The company is planning a $380 million high-purity alumina plant in Malaysia.
Altech Chemicals receives additional support for high purity alumina
Altech's total debt package has increased to US$190 million.
Altech Chemicals has a new substantial shareholder
The company is developing a high purity alumina (HPA) plant in Malaysia.
Altech Chemicals shares rise as project financing is advanced
A German regulatory body has provided support for the producer of high purity alumina.
Altech Chemicals attracts US$11M funding for Malaysian alumina project
Alumina demand is driven by the booming LED industry.
Altech Chemicals raising $17.2M for high purity alumina project in Malaysia
Global alumina demand is rising driven by the growth in the adoption of LEDs.
Altech Chemicals moves towards finalising raising
Altech remains focused on advancing its high purity alumina asset.
Altech Chemicals study confirms US$505 million valuation
The alumina pricing that has been used in the financial model is conservative.
Altech Chemicals to lift cash balance as it eyes lithium battery sector
The halt will remain in place until Wednesday 25th October 2017.
Altech Chemicals upgrades alumina plant design, targets lithium battery sector
High purity alumina used in batteries as coating for fire resistance.
Altech Chemicals gets ready to start construction at Meckering kaolin mine
Kaolin ore reserve of 1.224 million tonnes at 30% aluminium oxide.
Altech's Iggy Tan discussed high purity alumina demand at Proactive's CEO Sessions
Iggy Tan discussed the company at Proactive's CEO Sessions.
Cellmid's Maria Halasz brings growing revenues to Proactive's CEO Sessions
Find out more from Maria Halasz at Proactive's CEO Sessions.
Cobalt Blue's Joe Kaderavek to discuss next Thackaringa steps at Proactive's CEO Session in Sydney
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