Proactive Investors - Run By Investors For Investors

Altech Chemicals raises first steel at HPA plant construction site in Malaysia

The raising of first steel represents the culmination of a series of significant achievements for the project over the last six months.
Iggy Tan, Shane Volk, Wynand Moolman and Uwe Ahrens tightening the first bolts
Iggy Tan, Shane Volk, Wynand Moolman and Uwe Ahrens tightening the first bolts

Altech Chemicals Ltd (ASX:ATC) (FRA:A3Y) has raised the first steel at its high purity alumina (HPA) plant construction site in Johor, Malaysia.

Stage 1 construction of Altech’s HPA plant commenced in February 2019 and is being undertaken by Metix, the South African headquartered wholly-owned subsidiary of appointed EPC contractor SMS group GmbH of Germany.

In accordance with South African custom, an Opstaan Yster (‘stand-up of iron’ in Afrikaans) ceremony and celebration was held at the site on Friday 3 May 2019 to mark this significant project milestone.

 

The raising of first steel at Altech’s HPA plant site represents the culmination of a series of significant achievements for the project over the last 6 months, these include advanced design and engineering; the obtaining of numerous permits and approvals; completion of bulk earthworks; completion of foundation piling for the maintenance workshop building and adjacent area; procurement of steel; site establishment; the appointment of various sub-contractors; establishment of site Safety, Health & Environmental (SHE); and the implementation of construction quality assurance systems.

READ: Altech Chemicals’ $18 million placement anchored by two new German investors

Wynand Moolman, general manager of Metix South Africa and director of Metix Malaysia, opened the Opstaan Yster ceremony – thanking all employees and sub-contractors working on site for their safety performance and diligent efforts to date.

He noted that there had been no safety incidents reported for the project and that the construction team is committed to continue its unblemished safety record.

Erection of the first maintenance workshop column

Altech managing director Iggy Tan and alternate non-executive director Uwe Ahrens joined with Wynand Moolman and Shane Volk to tighten the first bolts of the first steel erected for the maintenance workshop building, thereby officially marking the completion of the Opstaan Yster.

View full ATC profile View Profile

Altech Chemicals Ltd Timeline

Related Articles

Drill pad preparation at Mt Freda complex in Queensland
May 01 2019
Its focus is on ground in Tier 1 provinces, such as on the Mt Freda complex in Queensland and an Olympic Dam structural corridor in South Australia.
Chris Giles signs the Kalkaroo Native Title Mining Agreement
January 15 2019
Kalkaroo is Australia’s largest undeveloped open pit copper-gold deposit on a copper-equivalent basis.
Toral
April 30 2019
A recent scoping study put a net present value (NPV) on the Castilla y León project of US$110mln

© Proactive Investors 2019

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use