ATC- Altech HPA

[JBmurc]

High Purity Alumina (HPA) Project

The Company is aiming to become one of the world’s leading suppliers of a high-value product, 99.99% (4N) high purity alumina (HPA) (Al2O3).

HPA is the major source material for scratch-resistant artificial sapphire crystal, which is used in the next generation of smartphones as well as a growing range of high performance electronic applications. The global HPA market is approximately 19,040tpa and is expected to double over the coming decade.

Current HPA producers use an expensive and highly processed feedstock material such as aluminium metal to produce HPA. Altech produces 4N HPA directly from an ore feedstock, aluminous clay, from its Meckering deposit in Western Australia. The Company is now advancing a Bankable Feasibility Study (BFS) to develop a full-scale 4,000tpa HPA production facility. The Altech process employs conventional and proven “off-the-shelf” plant and technology to extract HPA from its low-cost and low-impurity aluminous clay feedstock, which results in lower operating costs.

Altech is a chemical processing group focused on creating a high-margin product to meet the growing global demand for the next generation of high-performance technologics

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Market cap 17mill

Valuation target - 31c

- Sri Abdullah said the project is very exciting, and that he looked forward to assisting with its development plans. He is Malaysia’s 29th richest." (major ATC investor)

-Long mine life>> 30+yrs

-"Mitsubishi deal"

http://www.altechchemicals.com/


Well worth a look .......

Disc -brought in today 13.5c (follow the trend)