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Altech Chemicals moves towards finalising raising

Published: 11:15 25 Oct 2017 AEDT

Altech Chemicals moves towards finalising raising
High purity alumina is used in LED lights

Altech Chemicals Ltd (ASX:ATC) has been granted additional time to finalise a capital raising, in the form of a voluntary suspension following a trading halt.

It is expected the voluntary suspension will be lifted on or before Friday 27th October 2017.

Altech recently received positive results from a final investment decision study for the development of a high purity alumina plant in Malaysia and kaolin mine in Western Australia.

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