Altech Chemicals announces pre-feasibility study progress for battery materials high purity alumina coating plant

Altech Chemicals Limited announced an update on the progress of the pre-feasibility study (PFS) for building of a battery materials high purity alumina coating plant in Saxony, Germany. The company identified potential suppliers for utilities and raw materials and obtained input pricing for plant operating costs.

The study is being conducted by Altech’s 75% owned German subsidiary, Altech Industries Germany GmbH (AIG).

The company selected potential suppliers of electrical infrastructure, piping materials and construction services. “In addition, discussions have commenced with numerous potential process equipment suppliers to determine pricing and supply lead times.”

AIG secured office space at the Schwarze Pumpe Industrial Park for various battery materials research and development activities. “The office and proposed R&D site are located immediately next to the ~14 hectare site at Schwarze Pumpe that AIG has an option to acquire, and where a battery materials coating plant would be located – subject to the outcome of the current PFS and a definitive feasibility study.”

Altech’s managing director, Iggy Tan said “Progress on the pre-feasibility study is progress well and meeting all expectations. We are very pleased with the support and encouragement for the study and AIG’s proposed activities that has been received from the Schwarze Pumpe Industrial Park management and the local municipality of Spreetal.”