Altech Chemicals Limited

Altech Inks US$60 MM Stream Finance Deal for High-Purity Alumina Project

Altech Inks US$60 MM Stream Finance Deal for High-Purity Alumina Project

Australian innovator Altech Chemicals Ltd. announced yesterday that the firm has landed a non-binding term sheet with a United States investment group for a US$60 million stream finance facility supporting its high-purity alumina (HPA) project. Per Altech, the unnamed financier has agreed...

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Events

New Details Emerge of Altech’s US$190-MM Debt Package for High-Purity Alumina Project

New Details Emerge of Altech’s US$190-MM Debt Package for High-Purity Alumina Project

Australian innovator Altech Chemicals Ltd. announced yesterday the closing of its US$190-million debt package with German state-owned financial institution KfW IPEX-Bank, bringing the company’s goal of commercial production of high-purity alumina closer to reality. Though the deal was announced previously, details of the financial arrangement were not forthcoming until now. Germany’s export credit agency (ECA) […]

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Altech Optimistic That Incentives for High-Purity Alumina Project Are Soon Forthcoming From Malaysian Government

Altech Optimistic That Incentives for High-Purity Alumina Project Are Soon Forthcoming From Malaysian Government

Australian innovator Altech Chemicals Ltd. informed investors that the firm has taken the next step in bringing high-purity alumina (HPA) to market with its Malaysian subsidiary’s application for a manufacturing license. Per the company’s press release, its Malaysian subsidiary Altech Chemicals Sdn Bhd filed the application with the Malaysian Investment Development Authority (MIDA). Also filed […]

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Altech’s Finance Debt Package for High-Purity Alumina Project Exceeds Expectations

Altech’s Finance Debt Package for High-Purity Alumina Project Exceeds Expectations

Financial details of Australian innovator Altech Chemicals Ltd.’s credit guarantee deal announced last week covering its high-purity alumina (HPA) project emerged yesterday when the firm disclosed to investors that the arrangement included a total debt package of US$190 million and an export credit cover of US$170 million. The deal, brokered with German’s state-owned development bank […]

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Altech Secures Debt Guarantee from German Government for High-Purity Alumina Project

Altech Secures Debt Guarantee from German Government for High-Purity Alumina Project

Australian innovator Altech Chemicals Ltd. revealed on Friday that it has garnered the go-ahead from Germany’s government for project finance export credit cover to guarantee a portion of the debt incurred in the course of its high-purity alumina project. The firm acknowledged the approval of the German government inter-ministerial committee on their appeal for a […]

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Altech Receives Pledge for Additional US$11 Million in Equity Support from SMS group

Altech Receives Pledge for Additional US$11 Million in Equity Support from SMS group

Australian innovator Altech Chemicals Ltd. announced yesterday that it is the recipient of an additional investment of US$11 million from the main contractor on its high-purity alumina (HPA) project. The pledge brings SMS’s total financial support to US$15 million. SMS group GmbH will provide the additional equity investment in the project subject to Altech’s closing […]

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