Altech Batteries Ltd Stock Market Press Releases and Company Profile
Environmental Site Assessment Approved for Altech HPA Plant
Environmental Site Assessment Approved for Altech HPA Plant

Perth, June 19, 2015 AEST (ABN Newswire) - Altech Chemicals Limited (Altech/the Company) (googlechartASX:ATC) is pleased to announce that it has received approval from the Department of Environment, Johor (DOE) of its Preliminary Site Assessment (colloquially referred to as a "PAT") for the construction and operation of its proposed high purity alumina (HPA) processing plant at Tanjung Langsat, Malaysia.

Highlights

- Preliminary Site Assessment (PAT) approval by Department of Environment

- Confirmation that an Environmental Impact Assessment (EIA) for the HPA plant is not required

- Next step in the environmental approvals process is equipment approvals and registration

In general, the approval of the PAT confirms that the proposed location of the HPA plant at Tanjung Langsat and its proposed activity are compatible with gazetted structure and local plans, surrounding land use, provision of set-backs or buffer zones and waste disposal requirements.

The DOE, in its response to the Company's PAT also advised that an Environment Impact Assessment (EIA) will not be required for the HPA plant, as the processing capacity of the plant will be less that 100 tonnes per day. This is a positive outcome for the project which further simplifies the permitting and environmental approval process.

The next stage in the environmental approvals process is the approval and registration of air pollution control systems, chimneys and fuel burning equipment of the HPA plant, which is required under various Malaysian environmental quality regulations. These approvals processes are relatively straightforward and the Company will continue to work with its local environment consultant (Daya Eco Techno Sdn Bhd) to satisfy the requirements.

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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