Altech receives funding interest from German bank concerning HPA project

By James Sean Dickson
Published: Thursday, 19 November 2015

The unnamed Germany-based bank’s interest in financing Altech’s HPA project has been made more significant by a federal government insurance programme for export finance, according to the company.

ASX-listed Altech Chemicals Ltd has taken receipt of a letter of interest (LOI) from a German bank, which could lead to senior debt project financing for Altech’s high purity alumina (HPA) project in Malaysia.

Altech said that the letter arrived after several meetings with the bank,...

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