Altech Chemicals Limited

Altech Raises A$17 Million for High-Purity Alumina Project via Successful Share Placement

Altech Raises A$17 Million for High-Purity Alumina Project via Successful Share Placement

Australian innovator Altech Chemicals Ltd. announced yesterday the successful placement of A$17 million in shares. The firm says that it garnered US$17.2 million in commitments for approximately 122.9 million fully-paid ordinary shares. Altech says the share placement featured an issue price of...

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Events

Altech Raises A$1.85 MM in Share Purchase Plan and Placement

Altech Raises A$1.85 MM in Share Purchase Plan and Placement

Australian innovator Altech Chemicals Ltd. announced Monday that its recent Share Purchase Plan (SPP) and concurrent placement raised A$1.85 million (US$1.39 million), placing shares in the hands of dozens of new professional and sophisticated investors. According to the company, Altech issued shares at a price of A$0.11 (US$0.08) each, which was a five-percent discount below […]

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Altech in Final Stages of High-Purity Alumina Production Due Diligence

Altech in Final Stages of High-Purity Alumina Production Due Diligence

Western Australia’s Altech Chemicals Limited updated its shareholders on the firm’s journey to 4N alumina yesterday, saying that the requisite due diligence is steadily approaching its end. According to the firm, no “fatal flaws” have been identified to date in its due diligence work. Among the steps in the process that have passed muster is […]

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Altech Appoints SMS Group as New EPC Contractor for High-Purity Alumina Plant

Altech Appoints SMS Group as New EPC Contractor for High-Purity Alumina Plant

Australian innovator Altech Chemicals Limited announced a significant alteration in their high-purity alumina (HPA) roadmap yesterday when it advised investors that the firm changed its principal contractor for constructing its planned HPA plant in Malaysia. Altech selected Germany’s SMS group GmbH as its engineering, procurement, and construction (EPC) contractor for the project, replacing compatriots M+W […]

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Altech’s Malaysian High-Purity Alumina Plant Sticking to Construction Schedule

Altech’s Malaysian High-Purity Alumina Plant Sticking to Construction Schedule

Altech Chemicals Ltd. issued an update today on the progress of its high-purity alumina (HPA) plant to be built in Johor, Malaysia. According to the press release, design and engineering of the plant is progressing according to schedule. The project’s engineering, procurement, and construction (EPC) contractor M+W Group has over four dozen individuals from its […]

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Altech Secures State Approval to Operate Kaolinite Mine At Meckering

Altech Secures State Approval to Operate Kaolinite Mine At Meckering

Perth’s Altech Chemicals Ltd. announced yesterday that Western Australia’s Department of Mines and Petroleum has approved the mining proposal and mine closure plan for the firm’s planned mining of a kaolinite deposit near Meckering. According to the firm, this approval represents the clearance of a major hurdle along the path to opening the mine that […]

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