Altech Chemicals takes step forward in development of Meckering mine
Iggy Tan, MD, commented: "The company is delighted to have rapidly progressed to the next stage."
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 Ltd signs 20 year lease at plant site in Malaysia
A lease signing ceremony was held earlier in the week.
Altech Chemicals Ltd to benefit from growing global HPA demand
Altech is aiming to become one of the world's leading suppliers of 99.99% HPA.
Altech Chemicals Ltd finalising design and engineering of HPA plant site
Altech is aiming to become one of the world's leading suppliers of 99.99% HPA.
Altech Chemicals Ltd opens office at HPA plant site in Malaysia
Iggy Tan, managing director, commented: “The opening of the company’s Malaysian office is another positive step in advancing development of Altech’s HPA project."
Altech Chemicals Ltd eye project financing and off-takes
Altech continues to make progress to build a HPA plant in Malaysia.
Altech Chemicals posts maiden Ore Reserve at Meckering
The maiden Ore Reserve at Meckering represents another milestone for Altech as it looks to become one of the world's leading suppliers of 99.99% HPA.
Altech Chemicals Ltd in final planning phase for high purity alumina plant
Altech is in the fortunate position of having been able to fast track detailed design and engineering, primarily because of the comprehensive engineering work undertaken during the bankable feasibility study phase of the project.
Altech Chemicals Ltd receives lenders first draft indicative term sheet
Iggy Tan, MD, commented: “The debt financing is progressing well and the senior facility agreement indicative terms and conditions presented by KfW IPEX-Bank is the next important step towards securing finance."
Altech Chemicals Ltd simplifies debt financing for Malaysian alumina plant
Achieving project financing for the proposed Malaysian HPA plant remains a key catalyst for Altech. By increasing the amount of debt provided by an EPA, Altech is able to lower the overall interest costs of the proposed debt structure.
Altech Chemicals Ltd receives positive pre-assessment of German financing
Iggy Tan, MD, said that the positive pre-assessment by the IMC and Hermes is a very significant milestone in the company’s endeavours for funding its HPA project.
Altech Chemicals Ltd bags A$10M institutional investment
Iggy Tan, MD, commented: “Institutional investor representation on the company’s share register has increased from around 9% to closer to 23% following the placement, with plans to grow it over time."
Altech Chemicals Ltd's Iggy Tan takes high purity alumina to China
Iggy Tan, MD, at the 2nd International Sapphire Industry and Touch Screen Technology Exhibition in Shenzhen, China.
Altech Chemicals Ltd has 250-year kaolin resource at Meckering
Iggy Tan, MD, commented: “Altech can now progress to the next stage in preparation for mine development, the submission of what will be a relatively straightforward mining proposal and mine closure plan."
Altech Chemicals Ltd's Iggy Tan says timing perfect for HPA plant
Iggy Tan, MD, commented: “The timing for construction of Altech’s proposed HPA plant in Malaysia appears perfect, with two parallel streams of near-term HPA demand growth now apparent."