Altech - Presentation Low Emission Technology Mineral Conf
Perth, Nov 15, 2017 AEST (ABN Newswire) - Altech Chemicals Ltd (
ASX:ATC) provides the Company's Presentation at Low Emission Technology Minerals Conference.
Going Commercial
- Work started early 2011
- Extensive lab and pilot plant test work
- Successfully produced 4N 99.99% HPA
- Off-the-shelf plant and equipment
- Completed successful BFS
- Final Investment Decision approved
Latest News & Final ECA Approval
- Raised A$17 million on 26 Oct 2017
- SMS commits further US$11 million at project equity stage (price to be set then)
- All consultants report completed
- Expert opinion report completed
- IMA ECA approval meeting 14 Dec 2017
Altech growth performance
- Steady market cap growth
- Ave trade value $2k/day to $50k/day
- 640 shareholders to 1,850 shareholders
To view the full presentation, please visit:
http://abnnewswire.net/lnk/LKJL79V7
About Altech Batteries Ltd
Altech 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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