Altech Batteries Ltd Stock Market Press Releases and Company Profile
Geotech Survey at Johor HPA Site Well Advanced
Geotech Survey at Johor HPA Site Well Advanced

Perth, Sep 5, 2018 AEST (ABN Newswire) - Altech Chemicals Limited (Altech/the Company) (googlechartASX:ATC) (googlechartA3Y:FRA) is pleased to advise that a geotechnical ground drilling and survey program that commenced in mid-August 2018 at the site of its proposed high purity alumina (HPA) plant in Johor, Malaysia is well advanced and nearing completion.

Highlights

- Geotechnical ground survey program well advanced

- Site topography, soil stability and soil analysis required for final design confirmation

- Part of Stage 1 construction works

The detailed geotechnical survey is part of HPA plant Stage 1 construction activities. The works include an assessment of soil types, soil stability and a detailed assessment of site topography; each being required to confirm the HPA final plant's civil engineering design. A full analysis of the site soil profile will be used to confirm the final foundation piling requirements

The Company's appointed engineering, procurement and construction (EPC) contractor SMS group GmbH (SMS) of Germany is co-ordinating the study and is responsible for the final civil design and engineering work. The geotechnical study work is expected to be completed within 3 to 4 weeks.

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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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