logo-loader

Altech Chemicals largest shareholder lifts stake

Published: 10:30 01 Jun 2017 AEST

altech-chemicals_lab-2-757
Altech is focused on high purity alumina

Altech Chemicals (ASX:ATC) continues to receive strong investment support from its largest shareholder.

Melewar International Investment Company and MAA Group Berhad have lifted its stake to 15.28% from 12.14%, through participation in a placement.

Melewar is the industrial firm mandated to construct the proposed high purity alumina (HPA) plant in Malaysia, while MAA Group Berhad is a Malaysian insurance, investment, credit and finance group.

Altech Batteries boosts CERENERGY output to 120 MW/h per year

Altech Batteries Ltd (ASX:ATC) CFO Martin Stein speaks with Proactive after the company released an updated definitive feasibility study (DFS) demonstrating increased output of 20% for the CERENERGY® battery manufacturing project, from 100 megawatt hours (MW/h) to 120 MW/h per year. Lead...

on 7/11/23