FRA:A3Y) is pleased to provide an update on the pre-feasibility study (PFS) for the construction of a battery materials high purity alumina (HPA) coating plant in Saxony, Germany. The PFS is being undertaken by Altech's 75% owned German subsidiary, Altech Industries Germany GmbH (AIG). AIG is continuing to make solid progress. The PFS work has progressed to the engineering design phase for a 10,000 tpa battery materials coating plant, which the study is assessing. The plant would be constructed at the ~14 hectare industrial site that AIG has an option to purchase at the Schwarze Pumpe, Industrial Park, municipality of Spreetal in Saxony, Germany.