Altech Batteries

Analyst Firm Cites Altech’s ‘Revolutionary’ Battery Tech as Basis for Valuation Upside

Description:

Australian analyst firm East Coast Research has given Altech Batteries (ASX:ATC,FRA:A3Y) a valuation range of AU$0.15 to AU$0.21 cents per share, a 188.8 percent upside from its current share price of $0.06 cents. This is based on Altech’s highly promising Silumina Anodes battery technology project.


Based in Perth, Australia, Altech is advancing the commercialization of two groundbreaking battery technologies in Germany: the Silumina Anodes and the CERENERGY batteries. The Silumina Anodes boost the energy capacity of lithium-ion batteries by combining silicon particles with regular battery grade graphite, producing an electrode that can hold 30 percent more energy than conventional graphite-only anode.

CERENERGY, meanwhile, is designed for the grid storage battery market, with a lifespan of almost twice that of lithium-ion batteries and less production cost.

Altech\u2019s battery materials pilot plant in GermanyAltech’s battery materials pilot plant in Germany


East Coast Research’s valuation of Altech is only based on the value of the Silumina project and does not take into account the valuation from the CERENERGY project, which can also offer a significant upside potential on the company’s valuation.

“Although still speculative from an investing point of view, Altech’s revolutionary projects put it among the pioneers in commercialising innovative battery technologies, which are in soaring demand as the global push towards decarbonisation of economies continues to change the way we live,” the East Coast Research report said.

Highlights of the report:

  • The Silumina Anode technology boosts lithium-ion batteries’ energy capacity. Due to the escalating demand for EVs and the rivalry between EV manufacturers to produce higher range EVs, Research Nester projects the silicon-based anode market to experience a compound annual growth rate (CAGR) of approximately 48 percent from 2024 to 2036, reaching a massive size of US$137 billion by the end of 2036.
  • The CERENERGY solid state battery technology’s high potential in the growing grid storage market. This low-cost technology addresses some of the challenges currently present in lithium-ion batteries, such as flammability, limited voltage and poor cycling performance. As the expanding renewable energy market results in a rising demand for more grid storage capacities, the worldwide market for battery energy storage is projected to grow by a CAGR of more than 30 percent by 2028.
  • East Coast Research analysts believe that achieving several key milestones will enable a re-rating on Altech’s stock and increase shareholder value. These milestones include: 1) successful offtake agreements for Silumina Anodes products; 2) successful debt funding from green bond markets and/or from government grants; 3) the announcement of the definitive feasibility study for the CERENERGY Batteries project; and 4) timely achievement of the company’s planned milestones.

For the full analyst report, click here.

This content is intended only for persons who reside or access the website in jurisdictions with securities and other applicable laws which permit the distribution and consumption of this content and whose local law recognizes the scope and effect of this Disclaimer, its limitation of liability, and the legal effect of its exclusive jurisdiction and governing law provisions [link to Governing Law section of the Disclaimer page].

Any investment information contained on this website, including third party research reports, are provided strictly for informational purposes, are general in nature and not tailored for the specific needs of any person, and are not a solicitation or recommendation to purchase or sell a security or intended to provide investment advice. Readers are cautioned to seek the advice of a registered investment advisor regarding the appropriateness of investing in any securities or investment strategies mentioned on this website.

ATC:AU
Altech Batteries

Altech Batteries Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
Altech Batteries

Altech Batteries

Revolutionary sodium-chloride solid state batteries for renewable energy storage and silicon in graphite anodes for higher energy density batteries.

Revolutionary sodium-chloride solid state batteries for renewable energy storage and silicon in graphite anodes for higher energy density batteries. Keep Reading...
Altech Batteries Ltd  $6M Placement to Advance Battery Projects

Altech Batteries Ltd $6M Placement to Advance Battery Projects

Perth, Australia (ABN Newswire) - Altech Batteries Limited (ASX:ATC,OTC:ALTHF) (FRA:A3Y) (OTCMKTS:ALTHF) announces a capital raising of $6 million, comprising the issue of 133,333,334 fully paid ordinary shares in the capital of the Company at an issue price of $0.045 per Share. Participants in... Keep Reading...
Altech - $6M Placement to Advance Battery Projects

Altech - $6M Placement to Advance Battery Projects

Altech Batteries (ATC:AU) has announced Altech - $6M Placement to Advance Battery ProjectsDownload the PDF here. Keep Reading...
Trading Halt

Trading Halt

Altech Batteries (ATC:AU) has announced Trading HaltDownload the PDF here. Keep Reading...
Altech - Spherical Coated Silicon Achieves 88.5% Retention

Altech - Spherical Coated Silicon Achieves 88.5% Retention

Altech Batteries (ATC:AU) has announced Altech - Spherical Coated Silicon Achieves 88.5% RetentionDownload the PDF here. Keep Reading...
Altech Batteries Ltd  Spherical Coated Silicon Achieves 88.5% Retention

Altech Batteries Ltd Spherical Coated Silicon Achieves 88.5% Retention

Perth, Australia (ABN Newswire) - Altech Batteries Limited (ASX:ATC,OTC:ALTHF) (FRA:A3Y) (OTCMKTS:ALTHF) is pleased to announce a major advancement in its Silumina Anodes(TM) Project, achieving the strongest battery cycling performance recorded to date for its proprietary alumina-coated... Keep Reading...
Blencowe Resources

Camp Lode Deposit Delivers High-Grade, Near-Surface Graphite

Further results expected imminently from Northern Syncline infill programme

Blencowe Resources Plc (LSE: BRES), the natural resources company advancing the Orom-Cross graphite project in Uganda, is pleased to announce further assay results from its Stage 7 drilling programme at its flagship Orom-Cross graphite project in northern Uganda. The Stage-7 campaign, the... Keep Reading...
Waving American flag with stars and stripes.

Titan on Track for New York Graphite Production as US Pushes for Domestic Supply Chain

Titan Mining (TSX:TI,OTCQB:TIMCF) is on track to start producing natural graphite concentrate at its Empire State operation in Gouverneur, New York, positioning itself as the first near-term US supplier.“China’s decision to tighten graphite exports underscores the importance of having a secure... Keep Reading...
NextSource Materials

NextSource Materials Announces Positive Results of Technical & Economic Study for Proposed Battery Anode Facility in the UAE and Secures Industrial Site with Building in Abu Dhabi

NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce positive results of a technical and economic study (the "Study") on the construction of a proposed 30,000 tpa capacity battery anode facility ("BAF") located in the United Arab Emirates... Keep Reading...
Initial Drill Results at Orom-Cross Highlight High Grade Shallow Zones

Initial Drill Results at Orom-Cross Highlight High Grade Shallow Zones

First assay results from latest 7,750m programme confirm extensions to orebody and further high-grade zones

Blencowe Resources Plc (LSE: BRES) is pleased to announce the first batch of assay results from its Stage 7 drilling programme at its Orom-Cross graphite project in Northern Uganda. This campaign, the largest in the Company's history, included geotechnical holes, infill drilling and exploration... Keep Reading...
GreenRoc Strategic Materials

EU Commissioner Dan Jørgensen to visit Amitsoq

GreenRoc Strategic Materials Plc (AIM: GROC), a company focused on the development of critical mineral projects in Greenland, is pleased to announce that the European Union ("EU") Commissioner for Energy, Dan Jørgensen, will be visiting GreenRoc's Amitsoq graphite deposit and planned mine site... Keep Reading...
Altech Batteries

Altech Batteries Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News