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Altech Chemicals Ltd

ASX:ATC ISIN:AU000000ATC9

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 (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.

     

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Altech Chemicals Ltd (ASX:ATC) Une anode à densité d'énergie supérieure de 30% obtenue en LiB

🕔11/25/2021 8:42:11 AM 553

Altech Chemicals Limited (ASX:ATC) (FRA:A3Y) est ravie d'annoncer une percée significative dans la technologie des batteries lithium-ion par son laboratoire de recherche et développement à Perth, en Australie occidentale.

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Company Data

    Headquarters
  • 8/295 Rokeby Road, Subiaco
    Western Australia 6008
    Australia
  • Telephone
  • +61-8-6168-1555 
  • Fax
  • +61-8-6168-1551 
  • Principal Sector
  • Chemicals 
  • Principal Industry
  • Chemicals 
  • Homepage
  • www.altechchemicals.com
  • E:
  • info@altechchemicals.com

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