Altech Batteries Ltd Stock Market Press Releases and Company Profile
Corporate Presentation
Corporate Presentation

Perth, Dec 11, 2017 AEST (ABN Newswire) - Altech Chemicals Ltd (googlechartASX:ATC) provides the latest Corporate Presentation.

What is HPA?

- Purified alumina (Al2O3)

- 99.99% (4N) purity or greater

- Smelter Grade Alumina (SGA) ~ 99.5% (5,000ppm impurities, mainly sodium)

- Bayer Process uses sodium hydroxide (NaOH)

- Sodium impurity is problem for electronics industry

Final Stage of Debt Funding Approval

- Target total debt of US$ 185 million

- US$ 165 million export credit finance

- Debt funding with KfW IPEX-Bank

- 50% of plant - German suppliers

- Low interest, long tenure

- ECA approval date 14 Dec 2017

Altech Growth Performance

- 10 x steady market cap growth (3 years)

- Ave trade value $2k/day to $350k/day

- 350% increase in shareholders to 2,300

- $10 m cash, no debt

- 420 m shares on issue

To view the full presentation, please visit:
http://abnnewswire.net/lnk/Z46CI9L9


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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