Altech Batteries Ltd Stock Market Press Releases and Company Profile
Appoints Drytech as Kiln Supplier for its High Purity Alumina Project
Appoints Drytech as Kiln Supplier for its High Purity Alumina Project

Perth, June 23, 2015 AEST (ABN Newswire) - Altech Chemicals Limited (googlechartASX:ATC) is pleased to announce that it has signed a Memorandum of Understanding (MOU) with leading kiln system supplier Drytech International (Drytech) for its high purity alumina (HPA) project.

Highlights

- Altech appoints Drytech International as kiln system supplier for high purity alumina (HPA) project

- World's leading supplier of drying, calcining, cooling and thermal process technologies

- Memorandum of Understanding signed to formalise partnership

Drytech is a South African based company specialising in the manufacture of dryers and high temperature kilns for global processing plants. Drytech has developed a strong reputation in the local market and internationally for providing innovative design solutions to thermal processing projects, with robust and durable processing equipment. Drytech will supply the Company's kaolin dryer and calciner at its proposed Meckering beneficiation plant, and the aluminium chloride roaster and HPA calciner at its proposed Malaysian HPA plant.

About Altech Batteries Ltd

Altech Chemical Ltd ASX:ATCAltech Batteries Limited (ASX:ATC) (FRA:A3Y) is a specialty battery technology company that has a joint venture agreement with world leading German battery institute Fraunhofer IKTS ("Fraunhofer") to commercialise the revolutionary CERENERGY(R) Sodium Alumina Solid State (SAS) Battery. CERENERGY(R) batteries are the game-changing alternative to lithium-ion batteries. CERENERGY(R) batteries are fire and explosion-proof; have a life span of more than 15 years and operate in extreme cold and desert climates. The battery technology uses table salt and is lithium-free; cobalt-free; graphite-free; and copper-free, eliminating exposure to critical metal price rises and supply chain concerns. 

The joint venture is commercialising its CERENERGY(R) battery, with plans to construct a 100MWh production facility on Altech's land in Saxony, Germany. The facility intends to produce CERENERGY(R) battery modules to provide grid storage solutions to the market.

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Contact

Corporate
Iggy Tan
Managing Director
Altech Batteries Limited
Tel: +61-8-6168-1555
Email: info@altechgroup.com

Martin Stein
Chief Financial Officer
Altech Batteries Limited
Tel: +61-8-6168-1555
Email: info@altechgroup.com



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