• Purchase of freehold land covering mining lease M70/1334 completed
• Ownership secures mining access
• Meckering kaolin mine fully permitted
Altech Chemicals Limited (Altech/the Company) (ASX:ATC) (FRA:A3Y) is pleased to advise that its wholly owned subsidiary Altech Meckering Pty Ltd has completed the purchase of approximately 92 hectares of freehold land covering its granted mining lease M70/1334, at Meckering, Western Australia.
Altech previously announced that it had exercised its option to purchase the freehold land on 17 October 2017. Settlement of the purchase was subject to the subdivision of the registered land title; the issuing of certificates of title for the new lots created; and final payment of the purchase price, all of which have now been completed.
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