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Altech web site: https:www.altechchemicals.com
They've got the off-take agreement and everything's passed the feasibility test, the plant, I like it, it's a growth story and in the right sector and high demand," commented David Novac, Expert Business Commentator.
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About Altech Chemicals Ltd
Altech Chemicals Limited (ASX:ATC) (FRA:A3Y) is aiming to become one of the world's leading suppliers of 99.99% (4N) high purity alumina (HPA) (Al2O3). HPA is a high-value product because it is the major source material for scratch-resistant artificial sapphire glass. Sapphire glass is used to produce a range of high-performance electronic applications such as LEDs, semi-conductors, phosphor display screens, as well as new emerging products such as smartphones and tablet devices. The global HPA market is approximately 19,040tpa (2014) and is expected to at least double over the coming decade.
Altech Chemicals Ltd