Altech Chemicals (ASX: ATC) pushes ahead with offtake and finance negotiations to complete HPA operation (w/ Iggy Tan)
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Altech Chemicals (ASX: ATC) managing director Iggy Tan speaks with Small Caps about the company's strategy to become a world leading supplier of high purity alumina to renewable and lithium-ion battery markets. Mr Tan explains the company is working hard to secure the remaining finance for its vertically integrated kaolin mine and Malaysian HPA processing plant where stages one and two of construction have already been completed. HPA demand is estimated to increase at CAGR of 30% to about 272,000tpa by 2028 from 19,000tpa in 2018.