
- NORTH AMERICA EDITIONAustraliaNorth AmericaWorld
June 16, 2022
Altech Chemicals (ASX:ATC, FRA:A3Y) advances clean energy electric vehicle battery storage through its patented high-purity alumina (HPA) coating process for silicon and graphite has “cracked the silicon barrier” by solving the first-charge problem and other challenges that have hindered other companies’ attempts. As a result, Altech Chemicals has produced batteries that have a 30 percent higher energy density than current lithium-ion batteries, which means improved energy storage and a longer battery lifespan.
Altech Chemicals has also purchased land in Germany for its pilot plant to manufacture commercial samples of its patented Silumina AnodesTM product to introduce to the European market as part of the qualification process. In addition, the Company has completed a pre-feasibility study to construct a facility capable of manufacturing 10,000 tonnes per annum (TPA) of Silumina AnodesTM battery material. The pre-feasibility study indicated robust economics including an NPV of US$507M and a favorable internal rate of return of 40 percent, with a low capital cost of just US$95M.
Company Highlights
- Altech Chemicals is a research, development and commercialisation company that has successfully “cracked the silicon barrier” by developing proprietary coating technology that adds silicon and graphite coated anodes to lithium-ion batteries, enhancing energy storage and overall lifespan.
- The Company has solved the initial challenges that have prevented silicon anode batteries from becoming commercially viable.
- Altech Chemicals’ revolutionary product creates batteries with 30 percent higher energy density than standard lithium-ion batteries on the market.
- Construction of a pilot plant in Germany is currently underway to demonstrate the capabilities of the Silumina AnodesTM product to the European electric vehicle battery market.
- A pre-feasibility study for a 10,000 tonnes per annum Silumina AnodesTM plant has been completed, with robust economics being demonstrated.
- An international patent has been filed to protect the Company’s Silumina AnodesTM coating technology.
- An experienced management team is leading Altech Chemicals towards commercialising its Silumina AnodesTM product within the European electric vehicle battery market.
This Altech Chemicals company profile is part of a paid investor education campaign.*
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The Conversation (0)
11 May
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