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Altech Chemicals Ltd

Altech Chemicals continues to progress stage 1 construction at HPA project site in Malaysia

Workshop foundation piling is expected to commence shortly and preparations for the reinforced concrete works are in progress.

Managing director Iggy Tan visiting the site
Managing director Iggy Tan visiting the site

Altech Chemicals Ltd’s (ASX:ATC) (FRA:A3Y) stage 1 construction is progressing as planned at its high purity alumina (HPA) project site in Malaysia, with initial site establishment activities now complete and the site now fully fenced and secured.

 

The site construction office has been erected; a security post has been installed; a vehicle wash down bay is established with sediment control; a site weather monitoring station is in place; and temporary ablutions are installed.

Site construction office

A site safety induction process has been established, with all entry onto the site strictly controlled.

Site security personnel have been inducted and the site is now monitored on a 24-hour, 7 day per week basis.

Removal of top soil from the site is complete and bulk earthworks and site levelling is in progress.

Bulk earthworks and soil removal

A foundation piling rig has been mobilised to site for pilling tests.

Workshop foundation piling is expected to commence shortly and preparations for the reinforced concrete works are in progress.

Foundation piling rig on site for tests

Workshop steel (70 tons) has been purchased and has arrived at a nearby fabrication shop in preparation for sandblasting and off-site fabrication.

Overall, Stage 1 work has been steady and is building. The site is gradually moving from the establishment phase into the construction phase.

Quick facts: Altech Chemicals Ltd

Price: $0.13

Market: ASX
Market Cap: $96.61 m
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