Altech To Issue US$144 MM In Green Bonds To Finance High-Purity Alumina Project In Malaysia
Australian innovator Altech Chemicals Ltd. said this week that it has begun a planned US$144 million listed green bond offering...
KfW IPEX-Bank
Altech Identifying Partners In US$100 MM Project Equity Investment For High Purity Alumina Project
Australian innovator Altech Chemicals Ltd. updated the market on the progress of its high purity alumina project this week, including several financing projects that are currently underway with investors in Europe and the United States. Altech’s Managing Director Iggy Tan and other...
Saxony Government Offers Altech €7.3-Million Grant For High-Purity Alumina Plant In Spreetal
Australian innovator Altech Chemicals Ltd. announced yesterday that it has been offered a commitment of €7,380,000 (~A$12.2million) from the government...
Altech Continues Due Diligence For US$90 Million Loan To Fund High-Purity Alumina Production
Australian innovator Altech Chemicals Ltd. advised investors of the progress its made on securing a US$90-million mezzanine loan facility earlier...
Events
Altech Conducts First-Ever Site Visit At HPA Site For Current And Potential Stakeholders
Australian innovator Altech Chemicals Ltd. hosted a site visit from several of its investors over the weekend to its under-construction high-purity alumina (HPA) plant in Johor, Malaysia. Altech managing director Iggy Tan led investors and other stakeholders in the plant’s first-ever tour, detailing the progress the firm has made since beginning Stage 1 construction toward […]
Altech Seals Deal With Macquarie Bank For Mezzanine Finance Arrangement
Australian innovator Altech Chemicals Ltd. announced on Friday that it has chosen Macquarie Bank to be the preferred lender for its planned high-purity alumina plant under construction in Malaysia. Per the firm, the two companies have reached an agreement regarding the terms of the mezzanine debt arrangement and have executed a mandate letter appointing Macquarie […]
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 to advance Altech the US$60 million facility up front for a percentage of […]
Altech Mulling Mezzanine Debt Package And Joint Venture to Fund High-Purity Alumina Project
Australian innovator Altech Chemicals Ltd. announced a quartet of positive financial and business-related developments in an update the firm released to investors earlier this week. The firm advised that it continues to work toward completing certain conditions precedent to closing upon a US$190-million senior-debt package to which it agreed with German state-owned bank KfW IPEX-Bank […]
Altech Files for Patent Protection for Refined Method of Producing High-Purity Alumina From Kaolin
Australian innovator Altech Chemicals Ltd. announced yesterday the filing for a new provisional patent with the Australian government for an updated method for deriving alumina from kaolin and other such sources. Altech’s new patent involves treating the alumina-containing material to make particles smaller and richer in alumina content, calcining and leaching the material, separating the […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
