About
Altech Chemicals Limited (Altech/the Company) is aiming to become one of the world's leading suppliers of 99.99% (4N) high purity alumina (HPA). HPA is a high-value, high margin and highly demanded product as it is the critical ingredient required for the production of synthetic sapphire. Synthetic...
Altech Chemicals Limited (Altech/the Company) is aiming to become one of the world's leading suppliers of 99.99% (4N) high purity alumina (HPA). HPA is a high-value, high margin and highly demanded product as it is the critical ingredient required for the production of synthetic sapphire. Synthetic sapphire is used in the manufacture of substrates for LED lights, semiconductor wafers used in the electronics industry, and scratch-resistant sapphire glass used for wristwatch faces, optical windows and smartphone components. There is no substitute for HPA in the manufacture of synthetic sapphire. Global HPA demand is approximately 25,315tpa (2016) and demand is growing at a compound annual growth rate (CAGR) of 16.7% (2016-2024), primarily driven by the growth in worldwide adoption of LEDs. As an energy efficient, longer lasting and lower operating cost form of lighting, LED lighting is replacing traditional incandescent light bulbs. Current HPA producers use expensive and highly processed feedstock materials such as aluminium metal to produce HPA. Altech has completed a Final Investment Decision Study (FIDS) for the construction and operation of a 4,500tpa HPA plant at the Tanjung Langsat Industrial Complex, Johor, Malaysia. The plant will produce HPA directly from kaolin clay, which will be sourced from the Company’s 100%-owned kaolin deposit at Meckering, Western Australia. Altech’s production process will employ conventional “off-the-shelf” plant and equipment to extract HPA using a hydrochloric (HCl) acid-based process. Production costs are anticipated to be considerably lower than established HPA producers. The Company is currently in the process of securing project financing with the aim of commencing project development in 2018.
  • 6
    Sep
    18
    Equity Research
    Altech Chemicals (ASX:ATC) Research Update
  • 5
    Sep
    18
    News Release
    Altech - Geotech survey at Johor HPA site well advanced
  • 27
    Jul
    18
    News Release
    Altech Completes HPA Site Clearance Work at Johor, Malaysia
  • 12
    Jul
    18
    News Release
    Altech Executes Stage 1 Construction Agreement For Johor HPA Plant
  • 11
    Jul
    18
    News Release
    Altech Share Purchase Plan Offer
  • 9
    Jul
    18
    News Release
    Altech - A$20 Million Capital Raising To Commence Construction In Malaysia
  • 15
    Jun
    18
    News Release
    Altech - US$60 Million Stream Finance Facility Term Sheet Signed
  • 13
    Jun
    18
    Equity Research
    Altech Chemicals (ASX:ATC) Research Update
  • 8
    Jun
    18
    Corporate Update
    Altech: Forecast Surge in HPA Demand driven by Lithium-ion Battery Sector
  • 14
    May
    18
    Company Presentation
    Altech Chemicals Company Presentation May 2018
  • 1
    May
    18
    Corporate Update
    Altech Quarterly Activities & Cashflow Report
  • 5
    Apr
    18
    News Release
    Altech completes purchase of Meckering mining lease freehold land
  • 14
    Mar
    18
    News Release
    Altech advances final stage of project financing
  • 27
    Feb
    18
    News Release
    Altech lodges new provisional patent application
  • 12
    Feb
    18
    Company Presentation
    Altech Chemicals Company Presentation February 2018
  • 2
    Feb
    18
    News Release
    Altech Executes Commitment And Final Terms For US$190 Million Loan
  • 9
    Jan
    18
    News Release
    Altech - Malaysian Manufacturing Licence Application Lodged
  • 26
    Dec
    17
    Equity Research
    Altech Chemicals (ASX:ATC) Research Initiation
  • 20
    Dec
    17
    News Release
    Altech Project Finance Debt Package Increased to US$190 million
  • 15
    Dec
    17
    News Release
    Altech receives positive decision for German export credit cover
  • 11
    Dec
    17
    Company Presentation
    Altech Company Presentation December 2017
  • 1
    Dec
    17
    News Release
    Altech - Results of Annual General Meeting
  • 9
    Nov
    17
    News Release
    Altech - USD$ 15 million equity support from SMS group
  • 1
    Nov
    17
    Corporate Update
    Altech - Annual Report 2017
  • 1
    Nov
    17
    Corporate Update
    Altech - Quarterly Report September 2017
  • 27
    Oct
    17
    News Release
    Altech - Successful $17 million Share Placement
  • 23
    Oct
    17
    News Release
    Altech - Positive Final Investment Decision Study (FIDS)
  • 20
    Oct
    17
    News Release
    Altech finalises design of 4,500tpa HPA plant
  • 17
    Oct
    17
    News Release
    Altech - Option Exercised for purchase of Meckering land
  • 29
    Sep
    17
    Corporate Update
    Altech - Full Year Statutory Accounts 30 June 2017
  • 15
    Sep
    17
    News Release
    Altech Sets Export Credit Finance Approval Target Date
  • 30
    Aug
    17
    News Release
    Altech Works Approval granted for Meckering kaolin deposit
  • 31
    Jul
    17
    Corporate Update
    Altech - Quarterly Report June 2017