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Altech Chemicals Announces Positive Decision Received for German Export Credit Cover

Altech Chemicals Limited (Altech/the Company) (ASX:ATC) (FRA:A3Y) is pleased to announce that it has been advised that the German government inter-ministerial committee (IMC) has reached a positive decision on its application for project finance export credit cover.

Altech managing director Iggy Tan, commenting on the German government decision said “news of the IMC decision for offer of cover is an outstanding milestone for the Company’s high purity alumina (HPA) project, the culmination of many years of hard work by Altech staff, consultants, EPC contractor SMS group GmbH, KfW IPEX-Bank and many others associated with the project”.

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