Shareholder Update and Presentation Invitation
Perth, Mar 23, 2015 AEST (ABN Newswire) - Altech Chemicals Limited (Altech/the Company) (
ASX:ATC) herewith provide a copy of a Notice sent to its shareholders advising of a presentation by the Company's managing director Mr. Iggy Tan, to be held 4pm, Wednesday 1 April 2015 at Altech's head office: Suite 8, 295 Rokeby Road, Subiaco W.A.. Attendance by all current and potential shareholders is welcome.
The company is in an exciting transformation phase, which has so far seen the creation of the ALtech brand to reflect its dynamic vision going forward.
Managing Director Iggy Tan will discuss how Altech will benefit from Apple's latest product made from HPA sapphire - the Apple Watch.
Iggy has a proven record in establishing chemical operations for the global electronics industry.
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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