high-purity alumina

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...

Events

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 […]

Altech Exercises Option to Purchases Kaolin Mining Land in Western Australia

Australian innovator Altech Chemicals Ltd. announced yesterday that it has exercised its option to purchase approximately 230 acres surrounding its kaolin mining lease at Meckering, Western Australia. No financial terms for the purchase were released by the firm. According to the firm, mining lease M70/1334 encompasses around 12.7 million metric tons of Al2O3, with an […]

Altech Obtains Final State Approval for Screening Facility in Western Australia

Australian innovator Altech Chemicals Ltd. announced yesterday that it has obtained the final permit necessary for beginning construction of its screening and loading facility in Meckering, Western Australia. Altech received its works approval from the Western Australia Department of Water and Environmental Regulation (DWER) on Friday. Having the necessary federal permits in hand, this state […]