Their private Pure Alumina Pty Ltd was paid $ 100,000 and issued 8 million shares in the deal and will be issued another 20 million shares after the completion of a feasibility study on the mine, which has
kaolin deposits.
The plant aims to produce high purity alumina from kaolin clay supplied from Altech's 100 % - owned
kaolin deposit at Meckering, located about 130 km from Fremantle in Western Australia.