Meta Pixel

News and Announcements

Altech has Robust Outlook for Global HPA as Demand is Confirmed

  • Published November 23, 2016 11:11AM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

23rd November 2016, ASX Announcement

Highlights

  • Global HPA demand increased by 19.5% in 2015
  • Annual HPA demand forecast of 86,831tpa by 2024 (est. 2016: 25,315tpa)
  • Altech’s strategy of focusing on 4N HPA endorsed
  • HPA use in lithium-ion batteries offers incremental demand
  • Current reported HPA price in Japan is ~US$30,000/t
  • Threat of substitutes for HPA remains low

Altech Chemicals Limited (Altech/the Company) (ASX: ATC) is pleased to provide an update on the outlook for global high purity alumina (HPA) demand from a report entitled “High Purity Alumina Market – Global Industry Analysis and Forecast, 2016 – 2024” by Persistence Market Research (“Persistence”), commissioned as part of the current project debt funding due diligence program.

To view the full announcement, please click on the button below.

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