KfW IPEX-Bank

Saxony Government Offers Altech €7.3-Million Grant For High-Purity Alumina Plant In Spreetal

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 of the German state of Saxony to build a high-purity alumina plant. Per the firm, the HPA plant would be constructed at...

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 […]

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) […]

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 […]