Perth, Nov 15, 2017 AEST (ABN Newswire) - Altech Chemicals Ltd (ASX:ATC) provides the Company's Presentation at Low Emission Technology Minerals Conference.

Going Commercial

- Work started early 2011

- Extensive lab and pilot plant test work

- Successfully produced 4N 99.99% HPA

- Off-the-shelf plant and equipment

- Completed successful BFS

- Final Investment Decision approved

Latest News & Final ECA Approval

- Raised A$17 million on 26 Oct 2017

- SMS commits further US$11 million at project equity stage (price to be set then)

- All consultants report completed

- Expert opinion report completed

- IMA ECA approval meeting 14 Dec 2017

Altech growth performance

- Steady market cap growth

- Ave trade value $2k/day to $50k/day

- 640 shareholders to 1,850 shareholders

To view the full presentation, please visit:
http://abnnewswire.net/lnk/LKJL79V7


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

Investor Relations (Europe)
Kai Hoffmann
Soar Financial Partners
Tel: +49-69-175-548320
Email: hoffmann@soarfinancial.com



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