Initiation Research Report by The Sophisticated Investor

Perth, Feb 16, 2017 AEST (ABN Newswire) - Altech Chemicals Limited (Altech/the Company) (ASX:ATC) is pleased to advise the initiation of coverage of the Company by The Sophisticated Investor (TSI) with the release of a research report.

The research report by TSI includes a series of short videos on the Company and its high purity alumina (HPA) project.

The report titled, "Stars align for HPA developer" includes a three part video analysis:

Summary & Analysis

- Initiation Report
- Company valuation analysis
- Investment analysis
- Risk assessment

Operations

- Why Malaysia
- Virtual site trip - HPA project

Technology, Product and Marketing

- What is HPA
- Offtake and pricing
- The pitch

To view the research report summary video, please visit:
http://www.abnnewswire.net/press/en/87046/ATC

To view the full video series visit Altech website at:
http://www.abnnewswire.net/lnk/4RW9W005


About Altech Chemicals Ltd

Altech Chemical Ltd ASX:ATCAltech 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, 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 the traditional incandescent bulbs.

    


Contact

Iggy Tan
Managing Director
Altech Chemicals Limited
Tel: +61-8-6168-1555
Email: info@altechchemicals.com

Shane Volk
Company Secretary
Altech Chemicals Limited
Tel: +61-8-6168-1555
Email: info@altechchemicals.com



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