Altech Chemicals Ltd (ASX:ATC) is focused on its wholly-owned HPA project in Meckering, Western Australia, which hosts a 11 million tonnes of kaolin clay containing 45% minus 45 micron clay with a brightness of 82.7% (ISO standard).
This resource will feed the proposed HPA plant in Malaysia for over 250 years.
Altech’s plan is to offer a finished product range that will include HPA tailored for the synthetic sapphire and lithium-ion battery separator sheet manufacturing sectors, two rapidly growing segments of the HPA market.
The company is now heading to market, with the ASX granting a trading halt to prepare.
The halt will remain in place until the opening of trade on Tuesday 26th July 2016, or earlier if an announcement is made to the market.
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