Perth, Oct 18, 2016 AEST (ABN Newswire) - Altech Chemicals Ltd (ASX:ATC) is pleased to provide the Company's latest Presentation titled, "Meeting a Sapphire Future".

Project Update

- HPA bank due diligence nearing completion

- No fatal flaws identified

- Positive pre-assessment German inter-ministerial committee

- Detailed design progressing as planned

- Permitting for Malaysian HPA plant commenced

- Mining proposal at Meckering

Altech Chemicals

- Raise $10m in oversubscribed placement

- Market cap up 470% in last 12 months

- Shareholders up 600 > 1,500

- Liquidity daily trade up $3k > $200k /day

Timeframe to market

- Debt funding term sheet agreed Q1 2017

- Capital cost estimate avail half way through detailed design phase

- Project equity Q2 2017

- Site works commencing Q2 2017

- 18 months construction

- First product due early 2019

To view the presentation, please visit:

About Altech Chemicals Ltd

Altech Chemical Ltd ASX:ATCAltech Chemicals Limited (ASX:ATC) (FRA:A3Y) is aiming to become one of the world's leading suppliers of 99.99% (4N) high purity alumina (HPA) (Al2O3). HPA is a high-value product because it is the major source material for scratch-resistant artificial sapphire glass. Sapphire glass is used to produce a range of high-performance electronic applications such as LEDs, semi-conductors, phosphor display screens, as well as new emerging products such as smartphones and tablet devices. The global HPA market is approximately 19,040tpa (2014) and is expected to at least double over the coming decade.



Iggy Tan
Managing Director
Altech Chemicals Limited
Tel: +61-8-6168-1555

Shane Volk
Company Secretary
Altech Chemicals Limited
Tel: +61-8-6168-1555

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