News and Announcements
Altech Positive Pre-Assessment German Export Credit Finance
- Published August 05, 2016 4:11PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
3rd August 2016, ASX Announcement
Highlights
- Positive pre-assessment by German inter-ministerial committee
- Important milestone in the assessment process of Altech’s ECA application
- Formal detailed due dilligance of the project to commence
Altech Chemicals Limited (Altech/the Company) (ASX: ATC) is pleased to report that it has been officially advised by Euler Hermes Aktiengesellschaft (Hermes), the German Export Credit Agency (ECA), of a positive pre-assessment by the German Government inter-ministerial committee (IMC) and Hermes, of Altech’s export credit project finance application for cursory review (refer ASX Announcement dated 22 March 2016 for details).
The positive pre-assessment of Altecch’s export credit application is an important milestone in the assessment process of the Company’s high purity alumina (HPA) project and its ECA application.
To view the full announcement, please click on the button below.
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