Ground breaking research by an Australian high purity alumina (HPA) company has announce the success of an initial demonstration of a new alumina product and technology specifically designed for anode applications within lithium-ion batteries.
Altech Chemicals Limited (ASX:ATC) (FRA:A3Y) is pleased to announce that it has now finalised the sale of 25% of its German subsidiary, Altech Industries Germany GmbH (AIG), for EUR 5.0 million (~A$ 8.3 million) to Frankfurt Stock Exchange listed Altech Advanced Materials AG (AAM).
Altech Chemicals Limited (ASX:ATC) (FRA:A3Y) is pleased to announce the success of an initial demonstration of its technology to coat particles of graphite, typical of those used in anode applications within lithium-ion batteries, with a nano layer of high purity alumina (HPA).
Altech Chemicals Limited (ASX:ATC) (FRA:A3Y) advises that the share purchase subscription agreement (the Agreement) with Specialty Materials Investments LLC (SMI) announced on 21 April 2020, has been terminated by mutual consent of the parties.
Altech Chemicals Limited (ASX:ATC) (FRA:A3Y) is pleased to advised that $12.5 million has been raised (before costs) via its non-renounceable entitlement offer that was launched on 9 November 2020, and closed 11 December 2020.
Altech Chemicals Limited (ASX:ATC) (FRA:A3Y) is pleased to announce the launch of a $14.5 million partially underwritten non-renounceable pro-rata entitlement offer on the basis of two (2) new shares at $0.04 each for every five (5) shares held by Altech shareholders at the Record Date.
Altech Chemicals Limited (ASX:ATC) (FRA:A3Y) is pleased to announce that the Company has signed a collaboration agreement with a leading silicon producer to collaborate in developing a high capacity, long cycle life silicon anode active material targeted for use in lithium-ion (Li-ion) batteries.
