Altech - Presentation Australian Energy & Battery Conference
Perth, Mar 15, 2018 AEST (ABN Newswire) - Altech Chemicals Ltd (
ASX:ATC) provides the Company's latest presentation at Australian Energy & Battery Conference.
Our Vision: World leading producer of high purity alumina (HPA) - 4,500 tonnes pa
What is HPA?
- Purified alumina (Al2O3)
- 99.99% (4N) purity or greater
- Smelter Grade Alumina (SGA) ~ 99.5% (5,000ppm impurities, mainly sodium)
- Bayer Process uses sodium hydroxide (NaOH)
- Sodium impurity is problem for electronics industry
Altech Growth Performance
- 10 x steady market cap growth (3 years)
- Ave trade value $2k/day to $350k/day
- 350% increase in shareholders to 2,500
- $9 m cash, no debt
- 420 m shares on issue
To view the full presentation, please visit:
http://abnnewswire.net/lnk/KBD7H6H2
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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