Altech raises $A1.13m towards high purity alumina project

By Myles McCormick
Published: Monday, 10 August 2015

Funds from a share placement deal, mainly with diversified Malaysian company, Melewar, will contribute to the detailed design phase of Altech’s Malaysia-based alumina facility.

ASX-listed Altech Chemicals Ltd is a step closer towards financing its high purity alumina (HPA) project at Tanjung Langsat, Malaysia.

The company announced that a share placement scheme has raised Australian dollar (A$) 1.13m ($840,000*) towards the detailed design phase of the facility, where construction is expected to begin in Q1 2016,...

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