Altech Chemicals (ASX:ATC)
Altech Chemicals Limited (Altech/the Company) is aiming to become one of the world's leading suppliers of 99.99% (4N) high purity alumina (HPA) (Al2O3).
HPA is a high-value, high margin and highly demanded product as it is the critical ingredient required for the production of synthetic sapphire. Synthetic sapphire is used in the manufacture of substrates for LED lights, semiconductor wafers used in the electronics industry, and scratch-resistant sapphire glass used for wristwatch faces, optical windows and smartphone components. There is no substitute for HPA in the manufacture of synthetic sapphire.
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Altech Chemicals (ASX:ATC) has just revealed an impressive set of numbers on its planned High Purity Alumina manufacturing plant. High Purity Alumina – or HPA, is used in a range of high value applications, most notably in LED lights, semi-conductor wafers… and scratch resistant artificial sapphire glass.
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