(MENAFN- ABN Newswire)
Altech Chemicals Limited (ASX:ATC) (FRA:A3Y) is pleased to advise shareholders and investors that the Company will be presenting as part of the free Broker Briefing Investor Webinar on Thursday 18 November 2021.
Date: 18 November 2021
Time: 11:30am AEDT / 8:30am AWST
Presenter: Managing Director, Iggy Tan, presenting at 12:10pm AEDT / 10:10am AWST
The Company invites shareholders, investors, and media to participate in this digital event by registering online via the link below:
Participants will be able to submit questions via the panel throughout the presentation, however, we encourage shareholders and investors to send through questions via email beforehand to
Altech Chemicals Limited (ASX:ATC ) (FRA:A3Y ) is aiming to become one of the world's leading suppliers of 99.99% (4N) high purity alumina (Al2O3) through the construction and operation of a 4,500tpa high purity alumina (HPA) processing plant at Johor, Malaysia. Feedstock for the plant will be sourced from the Company's 100%-owned kaolin deposit at Meckering, Western Australia and shipped to Malaysia.
HPA is a high-value, high margin and highly demanded product as it is the critical ingredient required for the production of synthetic sapphire. Synthetic sapphire is used in the manufacture of substrates for LED lights, semiconductor wafers used in the electronics industry, and scratch-resistant sapphire glass used for wristwatch faces, optical windows and smartphone components. Increasingly HPA is used by lithium-ion battery manufacturers as the coating on the battery's separator, which improves performance, longevity and safety of the battery. With global HPA demand approximately 19,000t (2018), it is estimated that this demand will grow at a compound annual growth rate (CAGR) of 30% (2018-2028); by 2028 HPA market demand will be approximately 272,000t, driven by the increasing adoption of LEDs worldwide as well as the demand for HPA by lithium-ion battery manufacturers to serve the surging electric vehicle market.
Corporate
Iggy Tan
Managing Director
Altech Chemicals Limited
Tel: +61-8-6168-1555
Email: Shane Volk
Company Secretary
Altech Chemicals Limited
Tel: +61-8-6168-1555
Email: Investor Relations (Europe)
Kai Hoffmann
Soar Financial Partners
Tel: +49-69-175-548320
Email:
MENAFN16112021000111011020ID1103186127
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