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Battery Materials Pilot Plant Engineer Appointed
Battery Materials Pilot Plant Engineer Appointed

Perth, Feb 15, 2022 AEST (ABN Newswire) - Altech Chemicals Limited (ASX:ATC) (A3Y:FRA) is pleased to announce that German engineering firm Kuttner GmbH & Co. KG (Kuttner) has been awarded the contract for final plant engineering of the battery materials coating pilot plant to be constructed in Saxony, Germany by Altech Industries Germany GmbH (AIG). Kuttner will immediately commence engineering work, with procurement and construction of the pilot plant to follow. The pilot plant is designed to produce 120kg per day of coated battery anode material, which will be made available to selected European battery manufacturers and automakers.

Kuttner is a German-based industrial plant engineering, and engineering procurement and construction (EPC) contractor with strong experience in design, procurement, project and construction management, and plant commissioning across a range of industries. Kuttner have previously completed metallurgical plant, water and off-gas treatment projects in Germany, and bring valuable local knowledge to the execution of the pilot plant project.

As announced by Altech on 1 February 2022, preliminary design of the battery materials coating pilot plant is now complete. The appointment of Kuttner as the pilot plant engineering contractor is the next step in the development of the plant at the Dock3 facility, in Saxony Germany, and to progress the Company's groundbreaking technology to produce alumina coated battery anode materials.

About Altech Chemicals Ltd

Altech Chemical Ltd ASX:ATCAltech Chemicals Limited (ASX:ATC) (FRA:A3Y) is aiming to become one of the world's leading suppliers of 99.99% (4N) high purity alumina (Al2O3) through the construction and operation of a 4,500tpa high purity alumina (HPA) processing plant at Johor, Malaysia. Feedstock for the plant will be sourced from the Company's 100%-owned kaolin deposit at Meckering, Western Australia and shipped to Malaysia.

HPA is a high-value, high margin and highly demanded product as it is the critical ingredient required for the production of synthetic sapphire. Synthetic sapphire is used in the manufacture of substrates for LED lights, semiconductor wafers used in the electronics industry, and scratch-resistant sapphire glass used for wristwatch faces, optical windows and smartphone components. Increasingly HPA is used by lithium-ion battery manufacturers as the coating on the battery's separator, which improves performance, longevity and safety of the battery. With global HPA demand approximately 19,000t (2018), it is estimated that this demand will grow at a compound annual growth rate (CAGR) of 30% (2018-2028); by 2028 HPA market demand will be approximately 272,000t, driven by the increasing adoption of LEDs worldwide as well as the demand for HPA by lithium-ion battery manufacturers to serve the surging electric vehicle market.



Iggy Tan
Managing Director
Altech Chemicals Limited
Tel: +61-8-6168-1555

Shane Volk
Company Secretary
Altech Chemicals Limited
Tel: +61-8-6168-1555

Investor Relations (Europe)
Kai Hoffmann
Soar Financial Partners
Tel: +49-69-175-548320

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