Altech Batteries Ltd Stock Market Press Releases and Company Profile
HPA Plant Construction Update, January 2020
HPA Plant Construction Update, January 2020

Perth, Jan 28, 2020 AEST (ABN Newswire) - Altech Chemicals Limited (Altech/the Company) (googlechartASX:ATC) (googlechartA3Y:FRA) is pleased to provide an update on the current status of construction activities at the Company's high purity alumina (HPA) plant site in Johor, Malaysia.

Construction of the site electrical substation commenced in September 2019, and is progressing ahead of schedule. The superstructure is now nearing completion as shown in Figure 1*, with architectural detailing and mechanical fit out expected to commence shortly. The substation design is in accordance with the requirements of the local electricity service provider TNB (Tenaga Nasional Berhad) the largest electricity utility in Malaysia, and all required approvals have been obtained for the structural, mechanical and electrical elements of the facility.

Substation construction is currently expected to be completed by May 2020. After completion and a handover inspection, the substation will be turned over to TNB for inspection by its projects team ahead of switchgear installation which will take place in parallel with the balance of HPA plant construction, to ensure that electricity supply is available well in advance of HPA plant commissioning.

On site, the EPC construction team and its subcontractors have now completed a total of 117,425 lost time injury (LTI) free hours. The Stage 1 and 2 activities have seen a total of 241 employees and contractors inducted onto the construction site, and all works have been conducted with no first aid or medical treatment cases.

Stage 2 engineering activities continue to progress, with SMS group GmbH (SMS) now having placed orders with approximately 80% of the third party engineering long lead item vendors for completion of their vendor engineering packages. SMS has also continued to work on completion of equipment arrangement drawings, piping and electrical layouts using the latest design information provided by these equipment vendors.

*To view photographs, please visit:
https://abnnewswire.net/lnk/E06X055D


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.

https://twitter.com/altechbatteries https://www.facebook.com/AltechChemicals/ https://au.linkedin.com/company/altechbatteries abnnewswire.com 


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



ABN Newswire
ABN Newswire This Page Viewed:  (Last 7 Days: 7) (Last 30 Days: 31) (Since Published: 2386)