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News and Announcements

Altech Signs Off Take Agreement for 100% of HPA Production

  • Published April 27, 2016 12:17PM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

27th April 2016, ASX Announcement

Highlights:

  • Altech signs off take sales arrangement with Mitsubishi for first ten years of HPA operations
  • Secures sales for 100% of Altech’s proposed 4,000tpa HPA production
  • Exclusive global distributor with well established global customer base
  • Mitsubishi Corporation is Japan’s largest global trading company

Altech Chemicals Limited (Altech the Company) (ASX:ATC) is pleased to announce that it has executed a 10 year off take sales arrangement (Agreement) with Mitsubishi Corporation’s Australian subsidiary, Mitsubishi Australia Ltd (Mitsubishi) for 100% of the high purity alumina (HPA) production from the Company’s proposed Malaysian HPA plant.

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