Altech Batteries Limited

Equities

ATC

AU000000ATC9

Electrical Components & Equipment

Market Closed - Australian S.E. Other stock markets 01:59:28 2024-05-13 am EDT			5-day change	1st Jan Change
0.062 ^AUD	-3.12%		0.00%	-8.82%

May. 03	Altech Batteries Pushes Back Share Purchase Plan Closing Date to May 15	MT
Apr. 17	Altech Batteries to Raise AU$5 Million via Share Purchase Plan	MT

Altech Chemicals Ltd (ASX:ATC) Interview with Managing Director Iggy Tan

October 06, 2020 at 07:22 am EDT

Perth, Australia, Oct 6, 2020 - (ABN Newswire) - Altech Chemicals Limited (ASX:ATC) (HAM:A3Y) is pleased to advise that a recent interview by The Market Herald with managing director, Iggy Tan is now available for viewing on the Company's web site:
https://www.altechchemicals.com

In the interview, Mr Tan discusses the Company's development of a high purity alumina (HPA) grade that is specific to anode applications within lithium-ion batteries. He also discusses the recent news on Tesla - its target to reduce lithium-ion battery production costs to below US$100/kW and to increase battery production capacity to 3 terra watts (TW). Mr Tan believes that Altech's proposed anode grade HPA would assist the lithium-ion battery industry's long term target of increasing battery energy density and lowering overall production costs.

About Altech Chemicals Ltd:

Altech Chemicals Limited (ASX:ATC) (FRA:A3Y) is aiming to become one of the world's leading suppliers of 99.99% (4N) high purity alumina (HPA) (Al2O3).

HPA is a high-value, high margin and highly demanded product as it is the critical ingredient required for the production of synthetic sapphire. Synthetic sapphire is used in the manufacture of substrates for LED lights, semiconductor wafers used in the electronics industry, and scratch-resistant sapphire glass used for wristwatch faces, optical windows and smartphone components. There is no substitute for HPA in the manufacture of synthetic sapphire.

Global HPA demand is approximately 25,315tpa (2016) and demand is growing at a compound annual growth rate (CAGR) of 16.7% (2016-2024), primarily driven by the growth in worldwide adoption of LEDs. As an energy efficient, longer lasting and lower operating cost form of lighting, LED lighting is replacing the traditional incandescent bulbs.

Contact:

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

Shane Volk
Company Secretary
Altech Chemicals Limited
Tel: +61-8-6168-1555
Email: info@altechchemicals.com

Investor Relations (Europe)
Kai Hoffmann
Soar Financial Partners
Tel: +49-69-175-548320
Email: hoffmann@soarfinancial.com

Latest news about Altech Batteries Limited

Altech Batteries Pushes Back Share Purchase Plan Closing Date to May 15	May. 02	MT
Altech Batteries to Raise AU$5 Million via Share Purchase Plan	Apr. 16	MT
Sodium nickel chloride - the alternative to lithium batteries	Mar. 25	FI
Altech Batteries Completes Cerenergy Project Feasibility Study	Mar. 19	MT
Altech Batteries Limited Reports Earnings Results for the Half Year Ended December 31, 2023	Mar. 12	CI
Altech Batteries Secures Final Payment for 25% Sale of German Subsidiary; Shares Decline 3%	Jan. 07	MT
Altech Batteries Files License Application for German Battery Facility	23-10-03	MT
Altech Batteries Limited Reports Earnings Results for the Full Year Ended June 30, 2023	23-09-20	CI
Altech Batteries Limited(ASX:ATC) added to S&P/ASX Emerging Companies Index	23-09-18	CI
Altech Batteries Launches CERENERGY Sodium Alumina Solid State 1MWh GridPack Design	23-03-29	MT
Altech Batteries Limited Launches CERENERGY 1.0MWh GridPack Design	23-03-28	CI
Altech Batteries Receives AU$5.1 Million from Stake Sale of German Subsidiary	23-03-12	MT
Altech Chemicals Changes Name to Altech Batteries	23-02-23	MT
Altech Chemicals Limited Reports Earnings Results for the Half Year Ended December 31, 2022	23-02-22	CI
Altech Chemicals Advances Battery Material Pilot Plant Development in Germany	23-02-07	MT
Altech Chemicals Limited Announces Update on its Silumina Anodes Pilot Plant Project in Saxony, Germany	23-02-06	CI
Altech Chemicals Advances Development of Ceramic Battery Production Facility	23-01-25	MT
Altech Chemicals Limited Provides an Update on Its CERENERGY Battery Joint Venture with Fraunhofer IKTS	23-01-24	CI
Altech Chemicals to Change Name to Altech Batteries	22-11-21	MT
Altech Chemicals Limited Launches Cerenergy 60Kwh Battery Pack Design	22-11-06	CI
Kula Gold Appoints CEO	22-10-26	MT
Altech Chemicals Limited Announces Resignation of Shane Volk as Joint Company Secretary, Effect 19 October 2022	22-10-18	CI
Altech Chemicals Limited Reports Earnings Results for the Full Year Ended June 30, 2022	22-09-22	CI
Altech Chemicals Establishes Joint Venture to Commercialize Sodium Batteries; Shares Surge 31%	22-09-14	MT
Altech Advanced Materials AG Enters into Joint Venture with Fraunhofer IKTS to Manufacture Solid-State Batteries	22-09-13	CI

Chart Altech Batteries Limited

Duration

Period

More charts

Company Profile

Altech Batteries Limited is a specialty battery technology company. It has a joint venture agreement with the German battery institute Fraunhofer IKTS (Fraunhofer) to commercialize the CERENERGY Sodium Chloride Solid State (SCSS) Battery. CERENERGY batteries are an alternative to lithium-ion batteries. Its segments include Silumina Anodes, CERENERGY, and High Purity Alumina (HPA). Its Silumina Anodes project involves combining silicon and graphite and coating this composite product with a nanometer layer of high-purity alumina for inclusion in lithium battery anodes. CERENERGY 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 nickel, which is lithium-free; cobalt-free; graphite-free; and copper-free, eliminating exposure to critical metal price rises and supply chain concerns. It is also engaged in the construction and operation of a 4,500tpa HPA processing plant.

Sector

Electrical Components & Equipment

Calendar

2024-09-18 - Q4 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Chiffre d''affaires - Rate of surprise

Company calendar

Sector Batteries & Uninterruptable Power Supplies

	1st Jan change	Capi.
ALTECH BATTERIES LIMITED	-8.82%	69.87M
CONTEMPORARY AMPEREX TECHNOLOGY CO., LIMITED	+24.65%	124B
LG ENERGY SOLUTION, LTD.	-10.29%	65.52B
SAMSUNG SDI CO., LTD.	-9.11%	20.75B
TDK CORPORATION	+2.65%	16.79B
ECOPRO BM. CO., LTD.	-24.48%	15.51B
EVE ENERGY CO., LTD.	-7.70%	11B
GOTION HIGH-TECH CO.,LTD.	-10.60%	4.74B
VOLTRONIC POWER TECHNOLOGY CORP.	-7.02%	4.3B
TIANNENG BATTERY GROUP CO., LTD.	+6.02%	3.98B

Batteries & Uninterruptable Power Supplies