Altech Batteries Ltd Stock Market Press Releases and Company Profile
HPA Plant Stage 1 Construction Update
HPA Plant Stage 1 Construction Update

Perth, Mar 12, 2019 AEST (ABN Newswire) - Altech Chemicals Limited (Altech/the Company) (googlechartASX:ATC) (googlechartA3Y:FRA) is pleased to provide an update of activities at the Company's high purity alumina (HPA) project site in Johor, Malaysia, where Stage 1 construction is progressing as planned.

Highlights

- Stage 1 construction progressing as planned

- Site office, security post and safety systems established

- Topsoil removed, bulk earthworks and levelling in progress

- Piling rig mobilised to site

- Steel for workshop procured and being sand blasted

Initial site establishment activities are now complete, with the site now fully fenced and secured. The site construction office has been erected; a security post has been installed; a vehicle wash down bay is established with sediment control; a site weather monitoring station is in place; and temporary ablutions are installed. A site safety induction process has been established, with all entry onto the site strictly controlled. Site security personnel have been inducted and the site is now monitored on a 24-hour, 7 day per week basis.

Removal of top soil from the site is complete and bulk earthworks and site levelling is in progress. A foundation piling rig has been mobilised to site for pilling tests. Workshop foundation piling is expected to commence shortly and preparations for the reinforced concrete works are in progress. Workshop steel (70 tons) has been purchased and has arrived at a nearly fabrication shop in preparation for sandblasting and off-site fabrication.

Overall, Stage 1 work has been steady and is building. The site is gradually moving from the establishment phase into the construction phase. Work is being conducted in accordance with the highest safety standards and there have been no safety incidents to report.

A short video highlighting Stage 1 construction activities can be viewed via the following link: http://www.abnnewswire.net/lnk/Z07WZ7R6

To view figures, please visit:
http://abnnewswire.net/lnk/IBT501RR


About Altech Batteries Ltd

Altech Chemical Ltd ASX:ATCAltech Batteries Limited (ASX:ATC) (FRA:A3Y) is a specialty battery technology company that has a joint venture agreement with world leading German battery institute Fraunhofer IKTS ("Fraunhofer") to commercialise the revolutionary CERENERGY(R) Sodium Alumina Solid State (SAS) Battery. CERENERGY(R) batteries are the game-changing alternative to lithium-ion batteries. CERENERGY(R) batteries are fire and explosion-proof; have a life span of more than 15 years and operate in extreme cold and desert climates. The battery technology uses table salt and is lithium-free; cobalt-free; graphite-free; and copper-free, eliminating exposure to critical metal price rises and supply chain concerns. 

The joint venture is commercialising its CERENERGY(R) battery, with plans to construct a 100MWh production facility on Altech's land in Saxony, Germany. The facility intends to produce CERENERGY(R) battery modules to provide grid storage solutions to the market.

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Contact

Corporate
Iggy Tan
Managing Director
Altech Batteries Limited
Tel: +61-8-6168-1555
Email: info@altechgroup.com

Martin Stein
Chief Financial Officer
Altech Batteries Limited
Tel: +61-8-6168-1555
Email: info@altechgroup.com



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