Altech Chemicals Ltd. announces mezzanine debt due diligence update
M.Plan has been retained by KfW IPEX Bank GmbH as Independent Engineer for the high purity alumina (HPA) project of Altech Chemicals Ltd. In that capacity, M.Plan attended the kick-off meeting in Germany in July, 2018 when the due diligence associated with mezzanine debt and a stream facility were initiated. The HPA project is based on the mining of kaolin at Meckering, Western Australia and processing to 99.99% pure alumina at a plant located at Johor, Malaysia. M.Plan’s ongoing role as Independent Engineer started in 2016 with site visits and the technical due diligence review of the mining and processing aspects of the project.
Trial pit at Meckering, Western Australia[/caption]
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