AAM will get 0% of Altech Chemicals Limited. The 'project' is 100% owned by Altech Chemical Pty Ltd. https://www.asx.com.au/asxpdf/20190718/pdf/446ptnbs5brp56.pdf YAG (now AAM) has the right to acquire a minimum 10% direct HPA project interest (for a pro-rata amount of US$20.4 million) up to a maximum of 49% direct HPA project interest for US$100 million, by subscribing to shares in Altech’s wholly-owned subsidiary Altech Chemicals Australia Pty Ltd (see Figure 1 below)
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