Graphite

South Star Battery Metals Corp. (“South Star” or the “Company”) (TSXV: STS) (OTCQB: STSBF), announces the board of directors of the Company has authorized a grant of 835,000 incentive stock options to directors, and officers at an exercise price of C$0.41 per common share and exercisable for a five-year period, subject to regulatory approval. The shares issuable upon exercise shall be subject to a four-month hold period from the date of the grant of the options.

The options are granted pursuant to the Company’s stock option plan, which was approved by shareholders at the Company’s 2021 annual general meeting.

About South Star Battery Metals Corp

South Star Battery Metals Corp. is a Canadian battery metals project developer focused on the selective acquisition and development of near-term production projects in the Americas. South Star’s Santa Cruz Graphite Project, located in Southern Bahia, Brazil is the first of a series of industrial and battery metals projects that will be put into production. Brazil is the second-largest graphite-producing region in the world with more than 80 years of continuous mining. Santa Cruz has at-surface mineralization in friable materials, and successful large-scale pilot-plant testing (>30t) has been completed. The results of the testing show that approximately 65% of Cg concentrate is +80 mesh with good recoveries and 95%-99% Cg. With excellent infrastructure and logistics, South Star is carrying its development plan towards Phase 1 production projected in Q2 2023.

South Star’s next project in the pipeline is a development project in Alabama located in the middle of a developing electric vehicle, aerospace and defence hub in the southeastern United States. The Project is a historic mine active during World Wars I & II. Trenching, sampling, analysis and preliminary metallurgic testing has been completed. The testing indicated a traditional crush/grind/flotation concentration circuit achieved grades of approximately 96-97% with approximately 86% recoveries. and South Star is executing on its plan to create a multi-asset, diversified battery metals company with near-term operations in strategic jurisdictions. South Star trades on the TSX Venture Exchange under the symbol STS, and on the OTCQB under the symbol STSBF.

South Star is committed to a corporate culture, project execution plan and safe operations that embrace the highest standards of ESG principles based on transparency, stakeholder engagement, ongoing education and stewardship. To learn more, please visit the Company website at https://www.southstarbatterymetals.com.

This news release has been reviewed and approved by Richard Pearce, P.E., a “Qualified Person” under National Instrument 43-101 and President and CEO of South Star Battery Metals Corp. On behalf of the Board, Mr. Richard Pearce Chief Executive Officer

On behalf of the Board,

Mr. Richard Pearce
Chief Executive Officer

For additional information, please contact:
South Star Investor Relations (Canada IR)
Email: invest@southstarbatterymetals.com
+1 (604) 706-0212 x3002

RBMG – RB Milestone Group LLC (IR US)
Trevor Brucato, Managing Director
Email: southstar@rbmilestone.com

Twitter: https://twitter.com/southstarbm
Facebook: https://www.facebook.com/southstarbatterymetals
LinkedIn: https://www.linkedin.com/company/southstarbatterymetals/
YouTube: South Star Battery Metals – YouTube

Cautionary Statement

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

Forward-Looking Information

The information contained herein contains “forward-looking statements” within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be “forward-looking statements”.

Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company’s expectations; risks related to commodity price fluctuations; and other risks and uncertainties related to the Company’s prospects, properties and business detailed elsewhere in the Company’s disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from the Company’s expectations or projections.

Source


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South Star Battery Metals Announces Approval of Phase 1 Construction Permit for Santa Cruz Mine in Brazil, Meetings with State of Bahia Development & Industrial Agencies and the Port Facilities in Salvador Officials

South Star Battery Metals Announces Approval of Phase 1 Construction Permit for Santa Cruz Mine in Brazil, Meetings with State of Bahia Development & Industrial Agencies and the Port Facilities in Salvador Officials

South Star Battery Metals Corp. ("South Star" or the "Company") (TSXV: STS) (OTCQB: STSBF), is pleased to announce that it has received the construction permit for its Santa Cruz Mine in Brazil from the municipality of Itabela on September 15, 2022. In addition, South Star held meetings with the State of Bahia development agency, the Bahia industrial confederation as well as representatives from the port facilities in Salvador, Bahia.

Richard Pearce, CEO of South Star, said, "The municipal construction permit was the final approval we needed for Phase 1 construction to begin in earnest, and are pleased to have achieved this important milestone. Once again, we would like to thank the mayor of Itabela and his/her team for their continued support of South Star. We look forward to working closely with them through construction and the start of commercial production in Q4 of 2023."

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South Star Battery Metals Announces Drilling & Exploration Program Update for Alabama Graphite Project and Geophysics Program for Santa Cruz Mine in Brazil

South Star Battery Metals Announces Drilling & Exploration Program Update for Alabama Graphite Project and Geophysics Program for Santa Cruz Mine in Brazil

South Star Battery Metals Corp. ("South Star" or the "Company") (TSXV: STS) (OTCQB: STSBD), is pleased to announce that it has contracted a drilling company for the maiden diamond ("DDH") drilling campaign to begin in September 2022 . The Alabama exploration program includes:

South Star Battery Metals Corp Logo (CNW Group/South Star Battery Metals Corp.)

  • Drilling 10-15 holes (HQ);
  • Logging & Assays;
  • QA/QC Program with Blanks, Duplicates and Standards;
  • Background Water Quality Testing;
  • Geotechnical Drilling / Installation of a Piezometer to Monitor Groundwater Levels; &
  • Drill Pad Construction and Reclamation.

In addition, the Company is preparing to mobilize a geophysics contractor to perform approximately 4-5 linear kilometers of geophysics to test the limits of the priority drilling targets at the Santa Cruz Mine in Bahia, Brazil prior to beginning the 2023 drilling program. The proposed deliverables and schedule of the 2022/2023 exploration programs follow:

  1. Alabama Graphite Project Exploration Program Update
  • Maiden DDH Drilling Campaign (Sept- Oct 2022 )
  • Maiden 43-101 Technical Report & Maiden Resource Estimate (Q1 2023)
  • 2000m Drilling Campaign (Q2/Q3 2023)
  • Santa Cruz Mine Exploration Program Update
    • Geophysics Campaign (Q3/Q4 2022)
    • 4000 – 5000m Drilling Campaign (Q2/Q3 2023)

    Richard Pearce , CEO of South Star, said, "We are excited to get the maiden drilling campaign started in Alabama and test the extents of the mineralization. This initial drilling campaign will be focused on testing limits and generating significant targets for the 2023 drilling campaign, which will ultimately result in a Preliminary Economic Assessment ("PEA"). The Company anticipates the PEA will be completed by Q4 2023. At Santa Cruz , the geophysics program should help us improve our drilling hit rate and test limits of the 10-15 near-term targets we have previously identified in preparation for the 2023 drilling campaign, which is scheduled to begin after the rainy season in 2023. The Santa Cruz 2023 campaign will be a mix of diamond and RC drilling, and the proposed meters would significantly increase the total meters into the Project. Our goals are to generate a significantly larger resource and reserve estimate to support our future Phase 2/3 expansion plans. We are eager to get the drills turning as we scale our upcoming production."

    South Star Battery Metals Corp. is a Canadian battery metals project developer focused on the selective acquisition and development of near-term production projects in the Americas. South Star's Santa Cruz Graphite Project, located in Southern Bahia, Brazil is the first of a series of industrial and battery metals projects that will be put into production. Brazil is the second-largest graphite-producing region in the world with more than 80 years of continuous mining. Santa Cruz has at-surface mineralization in friable materials, and successful large-scale pilot-plant testing (>30t) has been completed. The results of the testing show that approximately 65% of Cg concentrate is +80 mesh with good recoveries and 95%-99% Cg. With excellent infrastructure and logistics, South Star is carrying its development plan towards Phase 1 production projected in Q3 2023.

    South Star's next project in the development pipeline is a project in Alabama located in the middle of a developing electric vehicle, aerospace and defence hub in the southeastern United States.  The Project is a historic mine active during World Wars I & II.  Trenching, sampling, analysis and preliminary metallurgic testing has been completed.  The testing indicated a traditional crush/grind/flotation concentration circuit achieved grades of approximately 96-97% with approximately 86% recoveries. South Star is executing on its plan to create a multi-asset, diversified battery metals company with near-term operations in strategic jurisdictions.  South Star trades on the TSX Venture Exchange under the symbol STS, and on the OTCQB under the symbol STSBF.

    South Star is committed to a corporate culture, project execution plan and safe operations that embrace the highest standards of ESG principles based on transparency, stakeholder engagement, ongoing education and stewardship. To learn more, please visit the Company website at http://www.southstarbatterymetals.com .

    This news release has been reviewed and approved by Richard Pearce, P.E., a "Qualified Person" under National Instrument 43-101 and President and CEO of South Star Battery Metals Corp.

    On behalf of the Board,

    Mr. Richard Pearce
    Chief Executive Officer

    Twitter: https://twitter.com/southstarbm
    Facebook: https://www.facebook.com/southstarbatterymetals
    LinkedIn: https://www.linkedin.com/company/southstarbatterymetals/
    YouTube: South Star Battery Metals - YouTube

    CAUTIONARY STATEMENT

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

    Forward-Looking Information

    This press release contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements". Forward-looking statements in this press release include, but are not limited to, statements regarding: moving Santa Cruz into production and scaling operations as well as advancing the Alabama project; and the Company's plans and expectations.

    Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks related to commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in the Company's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from the Company's expectations or projections.

    Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/south-star-battery-metals-announces-drilling--exploration-program-update-for-alabama-graphite-project-and-geophysics-program-for-santa-cruz-mine-in-brazil-301622167.html

    SOURCE South Star Battery Metals Corp.

    Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/September2022/13/c9173.html

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    South Star Battery Metals Announces Application Submittal for the Full Mining License Doubling Production at its Santa Cruz Graphite Project and Update on Small-Scale Pilot Metallurgical Testing Program for Alabama Graphite Project

    South Star Battery Metals Announces Application Submittal for the Full Mining License Doubling Production at its Santa Cruz Graphite Project and Update on Small-Scale Pilot Metallurgical Testing Program for Alabama Graphite Project

    South Star Battery Metals Corp. ("South Star" or the "Company") (TSXV: STS) (OTCQB: STSBD), is pleased to announce that it has submitted the Planned Economic Analysis ("PAE") and the request for the final mining license ("concessão de lavra") to the Brazilian Mining Authority ("ANM") on August 15 th 2022 for the Claims 872.7352010, 872.7362010, 871.0532011 and 871.5242013 which is where the Phase 2 and 3 facilities are planned. The proposed PAE doubles the Santa Cruz production capacity presented in the previously released PFS (March 2020) and incorporates a third phase of project development. The planned production schedule follows:

    • 2 years with 5,000 tonnes per year ("tpy") of concentrates (Phase 1);
    • 2 years with 25,000 tpy of concentrates (Phase 2); &
    • Life of mine ("LOM") with 50,000 tpy of concentrates (Phase 3).

    In February of 2022 (See Press Releases from February 9 th and 24 th ) the final exploration reports for all of the Company's 13 claims were approved by the ANM. The PAE for 872.737/2010 was previously submitted August 1 st , 2022 (See Press Releases from August 2 nd ). The approval of the PAEs and mining licenses is the final step in securing the LOM mining license for each of the exploration claims and converting them to mining concessions. The environmental field work for the 3 phased production schedule is scheduled to begin in Q3 of 2022, and the Company intends to submit all the environmental documents for review and comment by early Q1 of 2023.

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    South Star Battery Metals Announces Land Purchase, Application Submittal for the Full Mining License Doubling Production and Construction Update for Phase 1 Plant & Mine at its Santa Cruz Graphite Project

    South Star Battery Metals Announces Land Purchase, Application Submittal for the Full Mining License Doubling Production and Construction Update for Phase 1 Plant & Mine at its Santa Cruz Graphite Project

    South Star Battery Metals Corp. ("South Star" or the "Company") (TSXV: STS) (OTCQB: STSBD), is pleased to announce that it has finalized the agreement for the land purchase required for construction of the Phase 1 mine and plant facilities as well as the first two to three years of operations at its Santa Cruz Graphite Project in Bahia, Brazil.

    In addition, South Star has submitted the Planned Economic Analysis ("PAE") and the request for the final mining license ("concessão de lavra") to the Brazilian Mining Authority ("ANM") on August 1 st , 2022 for the Claim 872.737/2010, which is where the Phase 1 facilities are currently being installed. The proposed PAE doubles the Santa Cruz production capacity presented in the previously released PFS (March 2020) and incorporates a third phase of project development. The planned production schedule follows:

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    South Star Battery Metals Announces Closing of Non-Brokered Private Placement

    South Star Battery Metals Announces Closing of Non-Brokered Private Placement

    South Star Battery Metals Corp. ("South Star" or the "Company") (TSXV: STS) (OTCQB: STSBF), is pleased to announce that it has completed a non-brokered private placement of units (the "Private Placement" or the "Offering") for total proceeds of C$1,906,990. The majority of participation in the Private Placement was with key institutional investors and insiders. Net proceeds from the Private Placement will be used for advanced materials sample preparation, commercial agreements, project finance and general working capital requirements for the Company.

    The Private Placement consists of 3,467,254 units priced at post-consolidation price of C$0.55 per unit (the "Units"). Each Unit consists of one (1) common share and one (1) common share purchase warrant (the "Warrants"). Each Warrant entitles the holder to purchase one additional common share of the Company at an exercise price of C$1.25 per common share for a period of five years from the date of issue. The securities are subject to a four-month hold period from the date of closing and approval by the TSXV, expiring October 24, 2022.The Company issued an aggregate of 1,636 finders' warrants in connection with the Private Placement (equal to 6% of the number of Units sold to subscribers introduced to the Company by the finders) and $54,300 in cash finders' fees were paid to certain finders (equal to 6% of the gross proceeds of the offering sold to subscribers introduced to the Company by the finders).

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    First Graphene Ltd

    First Graphene Ltd

    First Graphene Ltd is an advanced materials company. It is the producer of graphene which is exfoliated from high-grade, crystalline Sri Lankan graphite. The company's graphene products are used in Fire retardant coatings, Concrete strengthening, Battery electrode materials, Conductive inks and sensors, Rubber and composite strengthening and Moisture barrier in thermoset composites. Its operating segment includes Graphene production; Research and development; Corporate services and Mining Asset Maintenance. The company generates maximum revenue from the Graphene production segment.

    Altech Chemicals

    Altech - To Commercialise 100MWh Sodium Alumina Solid State Batteries for Grid Storage

    Altech Chemicals Limited (Altech/the Company) (ASX: ATC) (FRA: A3Y) is excited to announce that it has executed a Joint Venture Shareholders’ Agreement with world-leading German battery institute Fraunhofer IKTS (“IKTS”) to commercialize IKTS’ revolutionary CERENERGY® Sodium Alumina Solid State (SAS) Battery. Altech, inclusive of associated entity Altech Advanced Materials AG, will be the majority owner at 75% of the JV company, which will commercialize a 100 MWh project to be constructed on Altech’s land in Schwarze Pumpe, Germany. The SAS CERENERGY® battery uses common table salt and ceramic solidstate technology

    Highlights

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    Altech Chemicals Limited Interview MD Iggy Tan Sodium Alumina Solid State Batteries

    Perth, Australia (ABN Newswire) - Altech Chemicals Limited (ASX:ATC) (FRA:A3Y) advises that a recent interview with Managing Director Iggy Tan can be found on the Company's website www.altechchemicals.com and on the following YouTube link: https://youtu.be/pRu67iUhG4Q

    In the interview, Iggy discusses Altech's plans to commercialize 100 MWh Sodium Alumina Solid State Batteries for grid energy storage in Saxony, Germany. Altech announced yesterday that it has executed a joint venture agreement with world-leading German battery institute Fraunhofer IKTS ("IKTS") to commercialize IKTS' revolutionary CERENERGY(R) Sodium Alumina Solid State (SAS) Battery. Altech, inclusive of associated entity Altech Advanced Materials AG, will be the majority owner at 75% of the JV company.

    "Our CERENERGY(R) batteries use common table salt which is readily available everywhere" - Iggy Tan.

    Altech Chemicals Interactive Investor Hub

    Engage with Altech directly by asking questions, watching video summaries and seeing what other shareholders have to say about this, as well as past announcements, at our Investor Hub https://atc.freshamplify.com/



    About Altech Chemicals Ltd:

    Altech 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.

    News Provided by ABN Newswire via QuoteMedia

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    Lomiko Announces Completion of Exploration Drilling for its La Loutre Graphite Project

    Lomiko Announces Completion of Exploration Drilling for its La Loutre Graphite Project

    Lomiko Metals Inc. (TSX.V: LMR) ("Lomiko Metals" or the "Company") is pleased to announce that it has completed its infill and extension exploration drilling program at its wholly-owned La Loutre graphite project, located within the Kitigan Zibi Anishinabeg (KZA) First Nations territory within the Outaouais and Laurentides regions, 180 kilometers northwest of Montreal.

    This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220913006281/en/

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    Altech Chemicals Limited To Commercialise 100MWh Sodium Alumina Solid State Batteries

    Perth, Australia (ABN Newswire) - Altech Chemicals Limited (ASX:ATC) (FRA:A3Y) is excited to announce that it has executed a Joint Venture Shareholders' Agreement with world-leading German battery institute Fraunhofer IKTS ("IKTS") to commercialize IKTS' revolutionary CERENERGY(R) Sodium Alumina Solid State (SAS) Battery. Altech, inclusive of associated entity Altech Advanced Materials AG, will be the majority owner at 75% of the JV company, which will commercialize a 100 MWh project to be constructed on Altech's land in Schwarze Pumpe, Germany. The SAS CERENERGY(R) battery uses common table salt and ceramic solidstate technology.

    SAS CERENERGY(R) BATTERIES

    Altech believes that Sodium Alumina Solid State (SAS) CERENERGY(R) batteries are the game-changing grid storage 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 nickel - is lithium-free; cobalt-free; graphite-free; and copper-free, eliminating exposure to critical metal price rises and supply chain concerns.

    The SAS technology has been developed by Fraunhofer IKTS over the last eight years and has revolutionized previous technology, allowing higher energy capacity and lower production costs. SAS-type batteries, in terms of capacity, have already been successfully tested in stationary battery modules. The IKTS SAS batteries are in the final phase of product testing and ready to commercialise. IKTS has spent in the region of EUR 35 million on research & development and operates a EUR 25 million pilot plant in Hermsdorf, Germany. The final CERENERGY(R) battery modules, at 10 KWh each, are specially designed for the grid storage market and have been undergoing extensive performance testing in Germany. These modules are designed to fit in racks housed in sea containers that can be deployed for grid storage.

    IKTS has been looking for an entrepreneurial partner that has German land available, has access to funding, is a builder of projects, has battery background, and has technology in alumina used in ceramics.

    Altech fitted the criteria, and the Joint Venture Shareholders' Agreement was executed. Altech group will own 75% of the project with IKTS 25% free carried. The intellectual property will be licensed exclusively to the joint venture.

    The joint venture partners have elected to develop a 100 MWh SAS battery plant (Train 1) on Altech's site in Saxony, Germany. The target market for this project will specifically focus on the grid (stationary) energy storage market which is expected to grow by 28% CAGR (Compound Annual Growth Rate) in the coming decades. The global grid energy storage market is expected to grow from USD 4.4 billion in 2022 to USD 15.1 billion by 2027. Or further out, the market is expected to grow from 20 GW in 2020 to over 3,000 GW by 2050. Altech believes that SAS batteries can provide high security, at low acquisition and operating costs, for the stationary energy storage market.

    The proposed battery plant will produce 10,000 SAS battery modules per annum, rated at 10 KWh each. These SAS battery modules are expected to sell for between EUR 7,000-9,000 per module, or EUR 700-900 per KWh, at final pack costs. IKTS has estimated that the total cost of production for CERENERGY(R) batteries will be 40%-50% cheaper than lithium-ion batteries.

    The joint venture partners have commenced the planning process for the Bankable Feasibility Study required for the commercialisation process. Once the Train 1 (100 MWh) plant is built and operating, the longer-term vision for the joint venture is to construct additional trains or a Gigawatt battery facility.

    *To view more details, please visit:
    https://abnnewswire.net/lnk/5Y8T2697



    About Altech Chemicals Ltd:

    Altech 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.

    News Provided by ABN Newswire via QuoteMedia

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    International Graphite

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