• Manufacturing licence for 4,500tpa HPA plant approved
• Another HPA development milestone achieved
• Target “Pioneer Status” investment incentive (5-year company income tax exemption)
• 1.2 billion ringgit investment in Malaysia
Altech Chemicals Limited (Altech/the Company) (ASX:ATC) (FRA:A3Y) is pleased to announce that it has been advised by the Malaysian Investment Development Authority (MIDA) that the manufacturing licence for operation of its 4,500tpa high purity alumina (HPA) plant at Johor, Malaysia has been approved. This represents another important development milestone that has been achieved by the Altech management team.
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