Altech Batteries Ltd Stock Market Press Releases and Company Profile
HPA Test Work Program with Fraunhofer Institute
HPA Test Work Program with Fraunhofer Institute

Perth, Mar 25, 2020 AEST (ABN Newswire) - Altech Chemicals Limited (googlechartASX:ATC) (googlechartA3Y:FRA) is pleased to provide an update on its recently announced European based initiatives, including high purity alumina (HPA) research activities by the internationally renowned Fraunhofer-Gesellschaft research organisation (refer ASX Announcement 27 February 2020).

Altech recently commissioned the Fraunhofer Institute for Ceramic Technologies and Systems (IKTS) of Dresden, Germany to undertake various HPA battery product applications test work. The institute specialises in lithium-ion battery research, but more specifically battery separator technology. Altech's commissioned work is focussed on assessing the contamination that impurities from lower quality alumina (sub-4N) have on battery electrolyte, a cause for lithium-ion battery thermal runaway, efficiency and life cycle reduction.

As an independent German based institute, the results of the HPA test work by IKTS will be highly regarded by German and other European industry value chain participants in the lithium-ion battery and electric mobility sectors. The Fraunhofer-Gesellschaft is the largest organisation for applied research in Europe and conducts research under contract for industry. A total of 72 institutes and research facilities work together under the umbrella of the Fraunhofer-Gesellschaft, which has an annual operating budget of ~EUR2.6 billion.

Results from the commissioned works which have been recently completed, and a detailed report, are expected shorty.


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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