Altech Chemicals Limited (Altech/the Company) is aiming to become one of the world's leading suppliers of 99.99% (4N) high purity alumina (HPA) (Al2O3).
High Purity Alumina (HPA) Project
Altech Chemicals Limited (Altech/the Company) is aiming to become one of the world’s leading suppliers of 99.99% (4N) high purity alumina (AI2O3) through the construction and operation of a proposed 4,500tpa high purity alumina (HPA) processing plant at Johor, Malaysia. Feedstock for the plant will be sourced from the Company’s 100%-owned kaolin deposit at Meckering, Western Australia. Initial construction works for the Malaysian HPA plant commenced in August 2018 with clearance of the Company’s plant site. Altech released a Final Investment Decision Study (FIDS) for the HPA project, detailing a 4.5ktpa HPA operation over a 30 year life with a capex of US$298m and an average operating cost of US$9.9/kg.
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Last updated 19th June 2020
Luke Frederick Atkins
Mr Atkins is a lawyer by profession and one of the founders of the company. Mr Atkins brings to the board extensive experience in the areas of mining, exploration, and corporate governance. Mr Atkins is also Non-Executive Director of the successful ASX listed mining and exploration company, Bauxite Resources Ltd (BRL). Mr Atkins formerly held the role of Executive Chairman of BRL after co-founding the company in 2007. He has played a key role in BRL third party negotiations to successfully access funding, joint venture partnerships, land and infrastructure.
Mr Atkins has had extensive experience in capital raisings and has held a number of executive and non-executive directorships of private and publicly listed companies including a number of mining and exploration companies.
B.Sc MBA GAICD
Mr Tan is a highly experienced mining and chemical executive with a number of significant achievements in commercial mining projects such as capital raisings, funding, construction, start-ups and operations. Mr Tan has over 30 years' chemical and mining experience and been an executive director of a number of ASX-listed companies. He holds a Master of Business Administration from the University of Southern Cross, a Bachelor of Science from the University of Western Australia and is a Graduate of the Australian Institute of Company Directors.
Mr Iggy Tan became the Company's managing director in August 2014. He is responsible for managing and implementing the next stage of the Company's strategic business objectives, which includes the commercialisation of the high purity alumina (HPA) project. Having been involved in the commissioning and start-up of seven resource projects in Australia and overseas, including high purity technology projects, Mr Tan is an accomplished project builder and developer.
Mr Tan previously held the positions of managing director of Nickelore Limited, Galaxy Resources Limited and Kogi Iron Limited. At Galaxy Mr Tan was responsible for the capital raising, construction and start-up of the company's Mt Cattlin spodumene mine ($80m) and the Jiangsu lithium carbonate plant ($100m), which resulted in Galaxy becoming the world's leading producer of high purity lithium carbonate. The Jiangsu plant was eventually sold for $260m in 2014.
Daniel Lewis Tenardi
Mr Tenardi is a highly experienced mining executive with some 40 years in the industry, including with a number of global resource industry leaders across a range of commodities, including iron ore, gold, bauxite, and copper. Mr Tenardi previously spent 13 years with Alcoa, at its bauxite mines in the Darling Range in Western Australia, and a further two years at Alcoa's Kwinana refinery. He has substantial gold mining experience, including with Roche Mining at the Kalgoorlie Superpit and at Anglo Gold Ashanti's Sunrise Dam. Mr Tenardi subsequently worked at executive level for Rio Tinto's Robe River Iron Associates and their East Pilbara Division, and was appointed as a Director of Robe River Iron Associates in the latter years of his employment with Rio Tinto.
Prior to this appointment, Mr Tenardi was Managing Director of Bauxite Resources Ltd, where he led the rapid growth of the company from its initial exploration phase, expansion of land holdings, to the commencement of trial shipments and securing supportive strategic partnerships with key Chinese partners. Mr Tenardi also held the positions of General Manager of Operations and Chief Operating Manager at CITIC Pacific Mining.
Mr Tenardi is currently non-executive director of Grange Resources Ltd.
Mr Bailey is a highly experienced and qualified engineer with over 40 years' experience in the mining and industrial mineral production industry and has an electrical engineering degree from the University of London. Mr Bailey spent the majority of his career in the iron ore mining, bauxite mining, zinc-lead-copper mining, alumina refining and alumina chemicals industries respectively.
Mr Bailey was President of Alcoa Bauxite and Alumina in 1996, and was responsible for Alcoa's eight alumina plants outside of Australia. He was also the chairman of the Alcoa Bauxite joint venture in Guinea, Africa.
In 1998, he was appointed President of Alcoa Worldwide Chemicals' industrial chemicals department from 1998. He was responsible for Alcoa's worldwide chemicals business, comprising 13 plants across eight countries, with an annual revenue of approximately $700 million. Post Alcoa, Mr Bailey was chief executive officer of Sherwin Alumina, an alumina refinery based in Texas, USA. The Sherwin alumina plant was capable of producing 1.4 mtpa of smelter grade alumina and 300,000 tonnes of chemical grade or specialty alumina per year. The Sherwin alumina plant was eventually sold to China Minmetals (51%) and then the remaining 49% to Glencore in 2007.
Company Secretary & Chief Financial Officer
BBus (Acc); GradDip (ACG); CSA
Mr Shane Volk has extensive accounting and corporate governance experience in Australian and international mining operations.
Mr Volk is a qualified Chartered Secretary and has a Bachelor of Business (Accounting) from the Royal Melbourne Institute of Technology. Mr Volk has previously worked in Papua New Guinea, Indonesia and Australia across a diverse range of mining-related capacities such as exploration, operations, business development and corporate governance. Mr Volk was previously chief financial officer and company secretary for African Iron Ltd, Emerson Resources Limited, and Kogi Iron Limited.
Tunku Dato’ Ya’acob bin Tunku Tan Sri Abdullah
Tunku Dato’ Ya’acob bin Tunku Tan Sri Abdullah is the Executive Chairman of the Melewar Khyra Group of Companies (Melewar), a Malaysian base diversified financial and industrial services group. He is the major owner and shareholder of Melewar. Tunku Dato’ Ya’acob sits on the Boards of Khyra Legacy Berhad, Mycron Steel Berhad, MAA Group Berhad, Melewar Industrial Group Berhad, Ithmaar Bank B.S.C.( listed on Bahrain Stock Exchange) and several other private companies.
Tunku Dato’ Ya’acob graduated with a Bachelor of Science (Hons) Degree in Economics and Accounting from City University, London. An accountant by training, he is a Fellow of the Institute of Chartered Accountants in England & Wales and a member of the Malaysian Institute of Accountants. He started his career as an Auditor with Price Waterhouse, London from 1982 to 1985 and subsequently joined Price Waterhouse Kuala Lumpur from 1986 to 1987. He joined Malaysian Assurance Alliance Berhad in 1987 and retired as its Chief Executive Officer in 1999.
Mr Uwe Ahrens is executive director of Melewar Industrial Group Berhad and managing director of Melewar Integrated Engineering Sdn Bhd. He also sits on the Board of several other private limited companies. Mr Ahrens holds Masters in both Mechanical Engineering and Business Administration from the Technical University Darmstadt, Germany. Upon graduation, Mr Ahrens joined the international engineering and industrial plant supplier, KOCH Transporttechnik GmbH in Germany, now belonging to FLSmidth Group, where he held a senior management position for 12 years, working mainly in Germany, USA and South Africa.
In 1997, he was based in Kuala Lumpur as General Manager of KOCH in South East Asia and became its Managing Director in 1999. He joined Melewar Group in 2002 and is also currently chief technical officer of the Melewar group of companies being responsible for engineering, upgrading, modification and extension of machinery and plant as well as the overall maintenance.
Last updated 19th June 2020
Altech Chemicals Limited
Suite 8, 295 Rokeby Road
Subiaco Western Australia 6008
Telephone: +61 8 6168 1555
Facsimile: +61 8 6168 1551
Email: [email protected]
AUSTRALIAN BUSINESS NUMBER (ABN)
45 125 301 206
Automic Registry Services
Level 2, 267 St Georges Terrace
Perth WA 6000
The Registrar, Automic Registry Services
PO Box 2226
Strawberry Hills, NSW 2012
Tel: 1300 288 664 (within Australia)
Tel: +61 2 9698 5414 (international)
Facsimile: +61 2 8583 3040
Email: [email protected]
Luke Atkins - Non-Executive Chairman
Iggy Tan - Managing Director
Peter Bailey - Non-Executive Director
Dan Tenardi - Non-Executive Director
Tunku Yaacob Khyra - Non-Executive Director
Uwe Ahrens - Alternate Director
Company Sectretary/ Chief Financial Officer
STOCK EXCHANGE LISTING
Securities of the Company are quoted on the Australian Securities Exchange Limited (ASX) and its shares are also quoted on the Frankfurt Stock Exchange (Börse Frankfurt) (FWB)
Home Exchange: Perth
Australian Stock Exchange
ASX Code: ATC
Frankfurt Stock Exchange
FWB/FRA Code: A3Y
Level 15, Exchange Tower
2 The Esplanade, Perth Western Australia 6000
Last updated 19th June 2020