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ALTECH CHEMICALS LTD

ALTECH CHEMICALS LTD

ASX:ATC

Last Placement
Bidding Closed
Offer Price
$0.1085
Discount to Close
16.54%
Raised
$18M
Last Close
$0.1300
Market Cap at Close
$77.41M
Relisted
Apr 15, 2019

Company Information

Altech Chemicals Ltd (ATC) is involved in the commercialisation of its Meckering kaolin deposit via the construction and operation of a HPA (High Purity Alumina) plant for the production of 99.99% alumina (Al2O3). 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.

Type

Listed Company

GICS Sub-Industry

Aluminum

Head Office

8/295 Rokeby Rd, Subiaco WA 6008, Australia

Aluminum
Materials

Quarterly Cash Flows

The numbers below are derived from quarterly cash flow reports provided by the company. Fresh Equities does not guarantee that the information provided is accurate, you can read the associated report by clicking read more for the quarter. Always do your own research and do not rely on the information provided here as your only source of research.



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ACN 619 657 028. CAR: 001267539 of AFSL: 471379.
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