Interview with Chief Financial Officer Martin Stein
Perth, Nov 23, 2022 AEST (ABN Newswire) - Altech Chemicals Limited (
ASX:ATC) (A3Y:FRA) advises that an interview featuring Chief Financial Officer Mr Martin Stein with Finance News Network is now available for viewing.
In the interview, Martin discusses Altech's joint venture with Fraunhofer to construct a 100MWh factory on Altech's German land to commercialise the CERENERGY(R) sodium alumina solid state battery. Martin also outlines Fraunhofer's position in Germany, as well as the benefits of the CERENERGY(R) technology compared to lithium-ion batteries.
To view the video, please visit:
https://youtu.be/6HTbQn08N24
About Altech Batteries Ltd
Altech 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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