Altech expects HPA demand to triple by 2024
Published: Wednesday, 23 November 2016
The ASX-listed company is developing a kaolin deposit in Western Australia, which it plans to use as feedstock to produce 4,000 tpa HPA in Malaysia. Altech’s recently commissioned report has indicated that demand growth in the sector will enable the market to absorb its additional planned output as the company takes advantage of higher activity in Li-ion batteries and LEDs.
ASX-listed Altech Chemicals Ltd has released the results of
its market research report on the high purity alumina (HPA)
market, predicting that demand will increase by an annual
growth rate of 16.7% to 2024.
The report, titled 'High Purity Alumina Market –
Global Industry Analysis and Forecast, 2016-2024’,