Altech Batteries Ltd Stock Market Press Releases and Company Profile
Collaboration Agreement with SGL Carbon, Germany
Collaboration Agreement with SGL Carbon, Germany

Perth, April 29, 2021 AEST (ABN Newswire) - Altech Chemicals Limited (googlechartASX:ATC) (googlechartA3Y:FRA) is pleased to announce that together with its 75% owned German subsidiary, Altech Industries Germany GmbH, it has signed a collaboration agreement with SGL Carbon GmbH (SGL Carbon), a wholly-owned subsidiary of SGL Carbon SE of Germany. The agreement is to collaborate and support Altech's development of high purity alumina coated graphite materials specifically targeted for use by the lithium-ion battery industry. SGL Carbon SE is a world leader in the development and production of carbon-based solutions and reported sales of 919 million Euros in 2020.

Highlights

- Collaboration agreement with leading German based graphite producer

- Alumina coated graphite for lithium-ion battery industry

- Applying Altech HPA and coating technology

- Altech now at forefront of graphite HPA coating technology

- Renewed MOU with SGL Carbon for engineering support for the design, production, and supply of HCl treatment systems


Also, Altech and SGL Carbon have renewed their memorandum of understanding for engineering support covering design, production and supply of HCl treatment systems to be used in Altech's HPA project in Malaysia, and potentially in Germany.

On 22 December 2020, Altech announced the successful demonstration of its alumina coating technology - the coating of graphite particles typical of those used in anode applications within lithium-ion batteries (anode grade graphite) with a nano layer of high purity alumina (HPA). The demonstration showed that Altech's technology was able to deposit a uniform and consistent layer of alumina onto anode grade graphite particles. The uniformity and consistency of an alumina layer on anode grade graphite is expected to be important to improve lithium-ion battery performance. On 12 February 2021, Altech announced the commencement of a pre-feasibility study (PFS) by its 75% owned German subsidiary Altech Industries Germany GmbH, for the construction of a battery materials HPA coating plant in Saxony, Germany. The PFS will assume a phase 1 coating plant designed with the capacity to coat 10,000tpa (35tpd) of anode grade graphite. On 8 March 2021, the Company completed the first phase of battery performance testing of

graphite particles coated with HPA. Results for the coated graphite anodes compared to the non-coated anodes were positive and encouraging.

"I believe that Altech's coating technology can be successfully employed to coat SGL Carbon's various battery graphite powders with a uniform nano-layer of alumina. Under this collaboration agreement, Altech and SGL Carbon will test the application of Altech's technology to coat SGL Carbon's specifically designed graphite particles with high purity alumina (HPA). Both companies will fund the test work and retain their respective intellectual property", said Altech's managing director, Mr Iggy Tan.


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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