Altech appoints Seatram as its transport and logistics provider

Highlights

• Memorandum of Understanding (MOU) with Seatram • For supply of total transport and logistics solution for Altech’s proposed high purity alumina (HPA) operation
• Leading international freight forwarder and logistic provider based in Western Australia
• Malaysia-specific logistics experience

Altech Chemicals Limited is pleased to announce that it has executed a Memorandum of Understanding (MOU) to appoint Sea Transport Management (W.A.) (Seatram) as the exclusive transport and logistic services provider for the Company’s proposed high purity alumina (HPA) operation.

Seatram is a leading international freight forwarder and logistics provider based in Perth, Western Australia, and under the terms of the MOU Seatram will provide the end-to-end transport and logistics for Altech’s proposed high purity alumina (HPA) processing plant, to be located in Johor Bahru, Malaysia.

Seatram will initially design and then provide both the transportation and logistics associated with moving approximately 28,000tpa of beneficiated aluminous clay feed-stock from the Company’s kaolin deposit in Meckering, Western Australia to the HPA plant in Johor Bahru, Malaysia. In addition, Seatram will provide the international transportation and logistics for the distribution of the finished HPA product from Johor Bahru, to a global customer-base. Seatram through its Malaysian partner will develop and deliver efficient and cost effective international logistics and transportation solutions for Altech.

Commenting on the appointment of Seatram, Altech’s managing director Iggy Tan said, “Our strategy is to appoint key partners early, which ensures that the most advanced and efficient solutions are incorporated into the BFS work. Specifically, Seatram is the expert in providing a total international transport and logistics solution for processing companies”.