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Big SMS backing sends good Altech message

The German engineering group contracted to build Altech Chemicals’ (AU:ATC) high purity alumina plant in Malaysia is investing A$5.1 million (US$3.9 million) in the ASX company’s total $17 million equity raising.

Big SMS backing sends good Altech message Big SMS backing sends good Altech message Big SMS backing sends good Altech message Big SMS backing sends good Altech message Big SMS backing sends good Altech message

SMS Group is investing in Altech Chemicals' equity raising

SMS Group got the EPC contract for the project earlier this year after another German firm, M+W Group, was unable to provide a throughput guarantee for the proposed plant.

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