Proactive Investors - Run By Investors For Investors

Altech Chemicals raises first steel at HPA plant construction site in Malaysia

The raising of first steel represents the culmination of a series of significant achievements for the project over the last six months.
Iggy Tan, Shane Volk, Wynand Moolman and Uwe Ahrens tightening the first bolts
Iggy Tan, Shane Volk, Wynand Moolman and Uwe Ahrens tightening the first bolts

Altech Chemicals Ltd (ASX:ATC) (FRA:A3Y) has raised the first steel at its high purity alumina (HPA) plant construction site in Johor, Malaysia.

Stage 1 construction of Altech’s HPA plant commenced in February 2019 and is being undertaken by Metix, the South African headquartered wholly-owned subsidiary of appointed EPC contractor SMS group GmbH of Germany.

In accordance with South African custom, an Opstaan Yster (‘stand-up of iron’ in Afrikaans) ceremony and celebration was held at the site on Friday 3 May 2019 to mark this significant project milestone.

 

The raising of first steel at Altech’s HPA plant site represents the culmination of a series of significant achievements for the project over the last 6 months, these include advanced design and engineering; the obtaining of numerous permits and approvals; completion of bulk earthworks; completion of foundation piling for the maintenance workshop building and adjacent area; procurement of steel; site establishment; the appointment of various sub-contractors; establishment of site Safety, Health & Environmental (SHE); and the implementation of construction quality assurance systems.

READ: Altech Chemicals’ $18 million placement anchored by two new German investors

Wynand Moolman, general manager of Metix South Africa and director of Metix Malaysia, opened the Opstaan Yster ceremony – thanking all employees and sub-contractors working on site for their safety performance and diligent efforts to date.

He noted that there had been no safety incidents reported for the project and that the construction team is committed to continue its unblemished safety record.

Erection of the first maintenance workshop column

Altech managing director Iggy Tan and alternate non-executive director Uwe Ahrens joined with Wynand Moolman and Shane Volk to tighten the first bolts of the first steel erected for the maintenance workshop building, thereby officially marking the completion of the Opstaan Yster.

View full ATC profile View Profile

Altech Chemicals Ltd Timeline

Related Articles

Potash
March 05 2019
The company’s $5.3 million rights issue to fund completion of its DFS closes this week.
map of projects and drill rig picture
January 24 2019
The company is focused on the Redmoor Tin-Tungsten Project and Otago Gold Project.
Lead-silver
January 16 2019
The company has been granted a key approval by the State Government to build processing plant and tailings storage facilities.

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use