Altech Batteries Ltd Stock Market Press Releases and Company Profile
Quarterly Activities Report
Quarterly Activities Report

Perth, July 30, 2021 AEST (ABN Newswire) - During the quarter, Altech Chemicals Ltd (googlechartASX:ATC) (googlechartA3Y:FRA) announced that it had established its own research and development laboratory in Perth, Western Australia. The laboratory, which was previously occupied by an environmental consulting business, was easily converted to meet Altech's requirements.

The laboratory had been in a commissioning phase since May 2021. Commissioning was finalised in mid-July 2021 and the facility is now operational. With its own laboratory, Altech can now conduct a full range of research, development and test work (including battery tests) to refine its graphite and silicon particle battery materials HPA coating technology, unhindered.

Previously this work was being conducted at Curtin University (WA) and needed to be scheduled around laboratory availability, which did not always align with Altech's requirements.

Altech staff and a part-time consultant that were previously located at its Subiaco office in Perth are manning the laboratory, plus a casual laboratory assistant has been engaged. The first samples of battery materials arrived at the laboratory during June, and various rounds of development tests commenced.

Another round of half-cell battery performance tests is also planned - to further test the performance of graphite and silicon particles that have been coated with alumina, using Altech's proprietary technology.

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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.

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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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