Altech Batteries Ltd Stock Market Press Releases and Company Profile

Perth, Oct 11, 2021 AEST (ABN Newswire) - Altech Chemicals Limited (googlechartASX:ATC) (googlechartA3Y:FRA) is pleased to advise that a new corporate video titled "Lithium-ion Battery Update" is now available for viewing on the Company's web site: www.altechchemicals.com.

The video describes how Altech Chemicals is advancing its potentially game changing technology to enable metallurgical grade silicon to be combined with graphite as an anode material in lithium-ion batteries. The material has the potential to increase lithium-ion battery chargeability, life, performance and safety.

Altech managing director Iggy Tan commented that "The Company believes its nano technology that coats silicon particles with a fine layer of alumina will resolve both the swelling and first-cycle-loss capacity problems that currently limit the use of metallurgical grade silicon in lithium-ion battery anodes. Research and development conducted by Altech has shown extremely promising results, initial battery testing was encouraging and further testing is ongoing. The Company is rapidly gaining confidence in its potentially game changing alumina coating technology. Altech's 75% owned German subsidiary (Altech Industries Germany GmbH) has already commenced a pre-feasibility study for construction of 10,000tpa alumina battery materials coating plant in Saxony, Germany which would service the burgeoning European lithium-ion battery market."

To view the video, please visit:
https://www.abnnewswire.net/press/en/107402/atc


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.

https://twitter.com/altechbatteries https://www.facebook.com/AltechChemicals/ https://au.linkedin.com/company/altechbatteries abnnewswire.com 


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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