Altech Batteries Ltd Stock Market Press Releases and Company Profile
First Steel Raised at HPA Plant Construction Site
First Steel Raised at HPA Plant Construction Site

Perth, May 7, 2019 AEST (ABN Newswire) - Altech Chemicals Limited (Altech/the Company) (googlechartASX:ATC) (googlechartA3Y:FRA) is pleased to announce that first steel has been raised at its high purity alumina (HPA) plant construction site in Johor, Malaysia.

Highlights

- First steel erected at Altech's Malaysian HPA plant site

- "Opstaan Yster" ceremony held to mark the occasion

- Culmination of a series of significant achievements

Stage 1 construction of the Company's HPA plant commenced in February 2019 and is being undertaken by Metix, the South African headquartered wholly-owned subsidiary of appointed EPC contractor SMS group GmbH of Germany. In accordance with South African custom, an "Opstaan Yster" ("stand-up of iron" in Afrikaans) ceremony and celebration was held at the site on Friday 3 May 2019 to mark this significant project milestone. In attendance for the ceremony were senior Metix, SMS group and Altech management; and all site based employees and sub-contractors. A video showing the Opstaan Yster ceremony can be found at http://www.abnnewswire.net/lnk/TB745X31
The video also provides an update of stage 1 construction progress.

The raising of first steel at Altech's HPA plant site represents the culmination of a series of significant achievements for the project over the last 6 months, these include advanced design and engineering; the obtaining of numerous permits and approvals; completion of bulk earthworks; completion of foundation piling for the maintenance workshop building and adjacent area; procurement of steel; site establishment; the appointment of various sub-contractors; establishment of site Safety, Health & Environmental (SHE); and the implementation of construction quality assurance systems.

Wynand Moolman, general manager of Metix South Africa and director of Metix Malaysia, opened the Opstaan Yster ceremony - thanking all employees and sub-contractors working on site for their safety performance and diligent efforts to date. He noted that there had been no safety incidents reported for the project and that the construction team is committed to continue its unblemished safety record. Altech's managing director Iggy Tan and alternate non-executive director Uwe Ahrens joined with Wynand Moolman and Shane Volk to tighten the first bolts of the first steel erected for the maintenance workshop building, thereby officially marking the completion of the "Opstaan Yster".

To view figures, please visit:
http://abnnewswire.net/lnk/0O0IU2S1


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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