KfW IPEX-Bank

Altech Continues Due Diligence For US$90 Million Loan To Fund High-Purity Alumina Production

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 this week, noting that due diligence continues on the deal between the two committed parties. Per the firm, collaboration continues between itself...

Events

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 […]

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 […]