Altech Chemicals Ltd (ASX:ATC) Access to RIU Fremantle Corporate Presentation abnnewswire.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abnnewswire.net Daily Mail and Mail on Sunday newspapers.
Altech Chemicals Ltd (ASX:ATC) Listed Green Bond Preparations Progressing Well
Highlights
- Preparation progressing well and on track
- HPA project 49% less carbon footprint than conventional HPA
Altech is working closely with London based structuring agent, Bedford Row Capital PLC (Bedford Row) and Bluemount Capital (WA) Pty Ltd (Bluemount) to prepare for a Bond offering. Preparations for the offering commenced in December 2020, and have now progressed to a point where due diligence is complete - including an environmental social governance (ESG) audit; a draft facility agreement is distributed; and a preliminary offering document is being reviewed. Altech is aiming to raise US$144m from the proposed bond issue, of which US$100m will be used as secondary debt for its Johor HPA plant (with US$44m to service bond interest during the HPA plant construction phase - see Figure 1 ). Senior project finance of US$190m is already committed from German government owned KfW IPEX
Altech Chemicals Ltd (ASX:ATC) Quarterly Activities and Cashflow Report
Quarterly Activities and Cashflow ReportPerth, Jan 29, 2021 AEST (ABN Newswire) - During the quarter, Altech Chemicals Ltd (
FRA:A3Y) received a definitive execution program for a listed green bond offering of US$144 million (Bond Structuring and Execution Plan), from its appointed advisers Bluemount Capital (WA) Pty Ltd (Bluemount) and London based partner Bedford Row Capital (Bedford Row). The Altech board has approved the proposed program, and work on preparations for the bond offering commenced in earnest towards the end of the quarter.
As illustrated in Figure 2 in link below, a Special Purpose Vehicle (SPV Co.) would be incorporated and managed by Bedford Row Capital (or its nominee) as the proposed bond Issuer.
High Purity Alumina Market Outlook Highlighting Revenue Share & Manufacturer Analysis (2020-2025) The Global High Purity Alumina Market 2020 report delivers a fundamental overview of the industry, including definitions, segmentation, applications and industry chain structure analysis.
BriefingWire.com, 1/27/2021 - The Global High Purity Alumina Market 2020 report delivers a fundamental overview of the industry, including definitions, segmentation, applications and industry chain structure analysis. The global high purity alumina market report provides competitive landscape analysis, major trends, and key regional development status. It also offers a competitive framework for major revenue-contributing firms covering company market shares with comprehensive profiles. The report provides a key overview of the market status of high purity alumina manufacturers with market size, share, growth, market expansion, and technological innova
Altech Chemicals Ltd (ASX:ATC) Battery Performance Tests Using HPA Coated Graphite
Battery Performance Tests Using HPA Coated GraphitePerth, Jan 25, 2021 AEST (ABN Newswire) - Altech Chemicals Limited (
Highlights
- Specially designed formulation and coating process
- Potential improvements to lithium-ion battery life, capacity and chargeability
On 22 December 2020, Altech announced the successful demonstration of its alumina coating technology to coat graphite particles typical of those used in anode applications within lithium-ion batteries (anode grade graphite), with a nano layer of high purity alumina (HPA). The demonstration showed that Altech s technology was able to deposit a uniform and consistent layer of alumina (approximately 2nm thick) onto anode grade graphite particles. The uniformity and consistency of an alumina layer on anode grade graphite is expected to be important to improve lithium-ion battery performance. Following the completion of the demons