Meta Pixel

News and Announcements

Altech Chemicals Initiation Report by DJ Carmichael Report: Unique Opportunity in High-Tech Chemicals

  • Published February 26, 2016 3:48PM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

26th February 2016

Altech Chemicals Ltd (ASX: ATC) is pleased announce that it has featured in an ‘initial coverage’ research report titled “Unique opportunity in high-tech chemicals” by DJ Carmichael.

Unique Opportunity in High-Tech Chemicals

Altech Chemicals Ltd (ATC. ASX) is a specialty chemicals company developing a vertically integrated High Purity Alumina (HPA) project. ATC is unique in that it uses a process to convert aluminous clay, sourced from its own quarry in Western Australia (WA), to HPA in a simple, highly cost effective process with operating costs a fraction of its larger, more established peers. ATC follow a conservative development strategy, using management’s extensive experience in building chemical plants, with the aim to be one of the world’s largest producers of HPA. HPA is being used in a growing number of high tech applications and is set to have a CAGR of 19.7% to 2021.

Key Points

HPA. What is it and what is it used for? HPA is sold as a white powder and is the base material for the manufacture of sapphire substrates, scratch proof sapphire glass and as a coating on separators used in lithium-ion batteries. Most HPA is used in the manufacture of LED’s, alumina semi-conductors and phosphor TV screens but it is experiencing a wider and growing use in smartphones and Li-ion battery applications amongst others (aerospace, medical, defence).

To read the full Initiation Report, please click here.

Capital Insights
Where’s the beef? Blackstone just answered the AI question.

In 1984, a fast food ad asked a question that became a catchphrase. Where’s the beef? Jon Gray, President of Blackstone, used that line this month in front of global LPs. It is the question every capital allocator is asking about AI. Trillions of dollars are going into chips, data centres and power. That is […]

Company Updates
The Best of Both Worlds: How Omnique Fund is Rewiring Real World Assets via Tokenisation

For decades, the playbook for Australia’s wholesale investors has remained relatively unchanged: pick between the slow-moving, illiquid reliability of tangible assets like property and gold, or chase the frictionless, high-velocity liquidity of public equity and digital markets. But as macroeconomic volatility spikes and a structural housing deficit reshapes private debt demand, sophisticated investors are demanding […]

Join over 45,000+ sophisticated investors

Join Now