Altech Chemicals close to finalising German credit cover for HPA project

By Liz Gyekye
Published: Thursday, 10 December 2015

Unlike many of its contemporaries, the company seems to be bucking the trend of not being able to obtain finance for its project. Altech has received a letter of interest for German export credit cover for its HPA development.

ASX-listed Altech Chemicals Ltd has taken a step closer to clinching the support of a Germany-based export credit insurance scheme which could cover most of the total capital cost of the company’s high purity alumina (HPA) project.

Altech said it received a letter of interest (LOI) from the administrator of...

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