Altech Batteries Ltd Stock Market Press Releases and Company Profile
Works Approval Granted for Meckering Kaolin Deposit
Works Approval Granted for Meckering Kaolin Deposit

Perth, Aug 30, 2017 AEST (ABN Newswire) - Altech Chemicals Limited (Altech/the Company) (googlechartASX:ATC) (googlechartA3Y:FRA) is pleased to advise that its works approval application for a screening and loading facility at the Company's Meckering kaolin deposit (M70/1334) was granted by the Western Australia (WA) Department of Water and Environmental Regulation (DWER) on 25 August 2017.

Highlights

- Works approval granted by WA Department of Water and Environmental Regulation (DWER)

- Construction of kaolin screening and loading facility at Meckering approved

- Works include ROM stockpile, evaporation pond, trommel screening unit, and loading facility

- Mining approval for Meckering previously received

- Meckering kaolin mining and processing now fully permitted to proceed, subject to funding

The works approval permits the construction of kaolin screening and loading facility infrastructure, to be located adjacent to the proposed Run of Mine (ROM) stockpile, at the Company's Meckering kaolin deposit. Positioned within Altech's granted mining lease M70/1334, the Meckering kaolin deposit is located at Leeming Road, Warding East, approximately 140km east of Perth and 8km south-east of the town of Meckering, Western Australia.

At Meckering, mined kaolin ore will be screened to a size of <12mm via a trommel screening unit. The <12mm screened ore will proceed to a housed container loading facility, where it will be fed into standard 20-foot shipping containers via a telescopic container feed conveyor. Once loaded, the shipping containers will be transported by road to the port of Fremantle, for shipment to Johor, Malaysia, the location of the Company's proposed high purity alumina (HPA) processing plant.

This announcement of works approval for Meckering follows the Company's 10 March 2017 announcement confirming the approval of a mining proposal and mine closure plan for the Meckering deposit by the WA Department of Mines, Industry Regulation and Safety (DMIRS) (formerly Department of Mines and Petroleum).

Commenting on the approval of works, managing director Mr Iggy Tan said, "We are pleased to receive notification of the approval of works for the kaolin screening and loading facility at Meckering, which will provide feedstock for the Company's proposed Malaysian HPA processing plant. The Altech team has been working hard to advance all approvals required for Meckering, and this has now been achieved. This means that subject to funding, construction and mining operations at Meckering can commence.

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About Altech Batteries Ltd

Altech Chemical Ltd ASX:ATCAltech Batteries Limited (ASX:ATC) (FRA:A3Y) is a specialty battery technology company that has a joint venture agreement with world leading German battery institute Fraunhofer IKTS ("Fraunhofer") to commercialise the revolutionary CERENERGY(R) Sodium Alumina Solid State (SAS) Battery. CERENERGY(R) batteries are the game-changing alternative to lithium-ion batteries. CERENERGY(R) batteries are fire and explosion-proof; have a life span of more than 15 years and operate in extreme cold and desert climates. The battery technology uses table salt and is lithium-free; cobalt-free; graphite-free; and copper-free, eliminating exposure to critical metal price rises and supply chain concerns. 

The joint venture is commercialising its CERENERGY(R) battery, with plans to construct a 100MWh production facility on Altech's land in Saxony, Germany. The facility intends to produce CERENERGY(R) battery modules to provide grid storage solutions to the market.

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Contact

Corporate
Iggy Tan
Managing Director
Altech Batteries Limited
Tel: +61-8-6168-1555
Email: info@altechgroup.com

Martin Stein
Chief Financial Officer
Altech Batteries Limited
Tel: +61-8-6168-1555
Email: info@altechgroup.com



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