Interview with Managing Director Iggy Tan
Perth, May 26, 2016 AEST (ABN Newswire) - Altech Chemicals Ltd (
ASX:ATC) are pleased to provide an Interview with Managing Director Iggy Tan.
Highlights:
- Results of optimised Bankable Feasibility Study
- Project Financing progress
- Significance of the 100% off-take sales agreement with Mitsubishi
- Recent capital raising
Altech Chemicals Limited advises that an interview was recently conducted with managing director, Mr Iggy Tan and is now available for viewing.
In the interview Mr Tan discusses the results from the recently optimised bankable feasibility study for the Company's proposed Malaysian high purity alumina (HPA) project, project financing progress, the significance of the 100% off-take sales agreement with Mitsubishi and the Company's recently completed capital raising.
The interview can be viewed on the Company's web site:
http://www.altechchemicals.com
About Altech Batteries Ltd
Altech 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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