News and Announcements
Altech Chemicals Quarterly Activities and Cashflow Report
- Published November 02, 2015 12:43PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
30th October 2015, ASX Announcement
- $1.3 Million share placement for detailed design of High Purity Alumina plant
- Agreement signed with Mitsubishi Australia Ltd for High Purity Alumina sales into the Japanese market
- Malaysian diversified industrial group Melewar IIC Limited joins the Company as a strategic shareholder with an initial investment of $1.0 million
- Company’s board expanded to include Prince Ya’cob bin Tunku Tan Sri Abdullah as a non-executive director
- Land for the Company’s proposed High Purity Alumina plant secured in the Tanjung Langsat Industrial Complex, Johor, Malaysia
- Permitting for Meckering kaolin mining operations commenced
- Experienced chemicals industry operations executive Dr Jingyuan Liu appointed as General Manager Operations
- Annual General Meeting completed with all resolution carried
Altech Chemicals Limited (Altech/ the Company) (ASX: ATC) presents the quarterly activity report for the three months ended 30 September 2015.
In early August, 2015, the Company announced that it had raised $1.13 million vioa share placement for the commencement of detailed design work for its proposed high purity alumnia (HPA) project and for corporate and general working capital purposes.
To read the full announcement, please click here.
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