Altech Advanced Materials (AAM) AG is an investment company, making investments into private and / or listed companies in which the Company assumes a good risk / return ratio. AAM AG's focus hereby is on companies in the following sectors: raw material extraction and processing, chemicals, manufacture of all types of packaging and paper products and their distribution.
AAM has no geographical focus and is open to minority and / or majority investments.
Currently, AAM has the unsecured opportunity to acquire up to 49% of the shares in the Project currently 100% held by Altech for up to USD 100 million. However, AAM is also interested in additional or alternative investments. The Project intends to become a cost efficient supplier of HPA through the construction and operation of a 4,500tpa high purity alumina processing plant at Tanjung Langsat, Johor, Malaysia through its wholly-owned subsidiary, Altech Chemicals Snd Bhd in Malaysia (“Altech Malaysia”). Feedstock for the HPA plant will be sourced from the kaolin deposit at Meckering, Western Australia owned by the Project’s 100%-subsidiary Altech Meckering Pty Ltd (“Altech Meckering”) in Australia and shipped to the HPA processing plant in Malaysia.