News Articles for Altech Batteries

Altech Batteries has completed a full board overhaul, with new leadership focussed on turning its Cerenergy batteries and Silumina Anodes technologies from technical successes into commercial reality. The Cerenergy development supports a definitive feasibility study, a Standard and Poor's “Dark Green” credit-rating and proven non-combustible safety, while the Silumina anodes pilot plant is shipping alumina-coated silicon samples, which deliver up to 55 per cent higher energy density and over 1000 cycles in independent tests.

A day after announcing that the final engineering design for its next-generation battery system had been completed, several key personnel have resigned from Altech Batteries.

Altech Batteries has locked in the final engineering design for its next gen sodium-nickel-chloride battery system clearing the last major hurdle before its first production next year. The company says its 400-volt units are set to roll off the line at partner AMPower's manufacturing facilities, before heading straight to Dutch gas pipeline facilities and industrial plants. The batteries are a much safer storage alternative to tradition lead-based and lithium-ion batteries.

Altech Batteries says batteries utilising similar technology to its sodium-nickel-chloride batteries deployed in South Africa up to 15 years ago have exhibited failure rates of just 0.6% to 1.5%. The company says those rates blitz the failure rates of lithium and lead-acid batteries.

Altech Batteries has run its sodium-nickel-chloride (SNC) batteries through an explosive series of safety destruction tests, with the high-tech batteries coming up trumps with zero thermal runaway, fire or explosion. A full suite of extreme safety, self-destruction tests demonstrated the game-changing mechanical and chemical stability of the batteries, passing the exhaustive testwork with flying colours.

Altech Batteries is hailing a breakthrough with a major advance in its Silumina Anodes technology, recording 88.5% capacity retention after 500 charge-discharge cycles by adding just 5% alumina-coated silicon to graphite anodes. The company's latest Silumina Anodes deliver a charge capacity of 420 mAh/g which far surpasses graphite's capacity in the range of 230-250 mAh/g. Altech's Saxony pilot plant confirms scalability, promising longer EV range and lighter batteries.

Altech Batteries has signed a collaboration agreement with Chinese battery producer AMPower to sell its sodium nickel chloride battery systems in Australia, Europe and the US. Altech has fast-tracked market entry for its fireproof, long-life alternatives to lithium-ion batteries, while advancing its CERENERGY energy storage facility project in Germany. Co-development of small and medium-sized systems will follow while protecting IP on both sides.

Altech Batteries' CERENERGY prototype cells have delivered more than 650 cycles with no capacity loss, 92 per cent energy efficiency and near-100 per cent Coulombic efficiency, outperforming conventional batteries. Its 60kWh battery pack also showed 88 per cent efficiency over more than 110 cycles with no degradation, confirming its safety under extreme conditions. A €46.7M German grant will support Altech's 120MWh Saxony facility to advance production of grid-scale energy storage.

Altech Batteries has been approved as eligible for a proposed €46.725 million (A$83.55 million) German government grant to further develop the company's groundbreaking CERENERGY sodium-chloride solid-state battery project in Saxony. The grant endorsement recognises Altech's vision to redefine energy storage with a sustainable alternative to lithium-ion batteries, using the humble power of table salt, reflecting Europe's plan to transition to renewables.

Altech Batteries has seamlessly revived a 28-year-old sodium-nickel-chloride battery that uses a primitive version of its own modern-day salt based “Cerenergy” battery technology. Altech says the old battery kicked into gear without hesitation after 28 years, showing that its own similar but more advanced battery technology is based on a solid foundation.

Altech Batteries is pumping out its high-tech Silumina anodes from its German pilot plant, marking a milestone for the company as it supplies first product to potential customers for testing and sets itself up for future commercial production. The new-age technology has achieved a significant breakthrough by coating silicon particles with alumina, boosting the energy capacity of lithium-ion batteries by up to 55 per cent.

Altech Batteries has locked in the backing of a major shareholder, German-based investment firm Deutsche Balaton AG, by securing funding via a bond note facility for up to €2.5 million (A$4.3m) to further develop its new-age battery projects. The company has land in Johor, Malaysia, for sale and expects the proceeds will be sufficient to repay any borrowed funds.

Altech Batteries has secured the necessary environmental and construction permit to build the company's Cerenergy GridPack production facility in Saxony, Germany, and can now focus on locking in pr

Altech Batteries is cleaning up its corporate structure by offering to buy the remaining minority stakes in its CERENERGY and Silumina Anodes projects from German-listed subsidiary Altech Advanced Materials. The $23.3m all-scrip deal increases Altech's ownership to 75 per cent of CERENERGY and all of Silumina Anodes, strengthening its control over the company's advanced salt battery technology

Altech Batteries has been awarded “Dark Green” certification, the highest rating offered by global ratings agency S&P, for its salt battery project, opening the door to funding from the massive green bond market. The company believes the accolade has underscored the project's potential to redefine battery technology and shines a light on what it says is possibly the greenest battery technology available today.

Altech Batteries has sealed a third offtake agreement with Axsol GmbH, a defence market renewable energy solutions supplier for NATO based in Germany. The partnership is set to provide Axsol with up to 120MWh of energy storage over the first five years from Altech's groundbreaking lithium-ion battery alternative Cerenergy solid-state salt batteries.

Altech has locked in a second offtake agreement, this time with Reflau, a renewable energy project in Germany, to supply it with 158MWh of storage energy capacity over 5 years from its salt powered batteries. Only a few days ago Altech revealed it has received interest to fund its manufacturing facility in Germany.

Altech Batteries has received interest from debt funders for its cutting-edge proposed sodium chloride battery project that it plans to build using a mix of debt, equity, government grants and offtake agreements. The company is planning to produce its “Cerenergy GridPack” batteries courtesy of a 120MWh manufacturing facility in Germany. Remarkably, the active ingredient in the batteries is plain table salt.

Subiaco-based Altech Batteries has supercharged its alumina-coated silicon anodes to boost the energy capacity of lithium-ion batteries by 55 per cent after combining graphite with its high-tech anodes. The company says the game-changing results stem from its strategy to coat silicon particles with alumina, overcoming previous drawbacks associated with using silicone as an anode material.

Altech Batteries has clocked up a key milestone with the successful launch of its first 60kWh “Cerenergy” sodium-chloride battery prototype in Germany. The company says the battery unit, which has been installed at the Fraunhofer IKTS lab in Dresden, has passed all physical tests with “flying colours” and has smashed through forecast performance and efficiency expectations in the rigorous daily assessments.

Altech Batteries has inked a letter of intent to supply 30 of its 1MWh Cerenergy GridPack sodium chloride batteries annually to be used at a major German industrial park for energy storage as part of a five-year deal starting in 2027. The agreement has been struck with consultancy firm Zweckverband Industriepark Schwarze Pumpe, which oversees the park in the Lusatia region of south-east Germany.

Altech Batteries says cells for its “Cerenergy” sodium chloride battery prototypes have shown “higher-than-expected” energy capacities during a testing program at several Fraunhofer IKTS facilities in Germany. The company has today confirmed it has completed the fabrication, assembly and initialisation of all 240 cells for the first prototype at its pilot plant and expects to mount the finished modules into a full “BatteryPack” next week.

Altech Batteries has revealed a compelling set of numbers for its planned Cerenergy battery project in Germany, with its DFS forecasting a NPV of €169 million and annual revenue of €106 million generating EBITDA earnings of a juicy €51million per annum. The company says capital cost estimates of €156 million and a steady-state payback period of 3.7 years add to the project's appeal.

Altech Batteries is getting closer to producing its Cerenergy solid-state battery pack that uses ordinary table-variety salt following an upgrade which has transformed its previously small trial batteries up to a 60kWh capacity. The upgrade came after Altech established a strategic joint venture with Germany's Fraunhofer IKTS, which had initially developed battery packs with 5kWh and 10kWh capacities for testing.

Altech Batteries has forecast a stunning project life EBITDA of more than €3.08 billion (AU$5 billion) for its 8000 tonnes per annum Silumina Anodes project in Germany following the completion of a definitive feasibility study. The facility will produce patented alumina-coated silicon battery anode materials known as Silumina Anodes to meet high demand in the European and US electric vehicle and grid storage battery markets.

Altech Batteries says a decision to remove graphite from a definitive feasibility study into its Silumina Anodes pilot plant in Germany has triggered an “eightfold” output increase to 8000 tonnes per annum of alumina-coated silicon. The modified study, which reveals the increase from 1000 tonnes per annum, is in response to customer preferences and has been achieved with no change to the plant or equipment.

Altech Batteries says a definitive feasibility study shows it will be able to pump out 20 per cent more power than expected at its proposed Cerenergy sodium chloride solid-state grid battery plant in Germany. Through technical design optimisation, alongside lead engineering company Leadec and joint venture partner Fraunhofer, Altech believes it will now be able to produce 120 of its 1MWh “GridPacks” per year.

Altech Batteries has unveiled the new design for its 60KWh Cerenergy sodium chloride solid-state battery pack and now has two prototypes under construction by its project partner, the Fraunhofer Institute in the German city of Dresden. The pack has been upgraded to improve structural integrity, cell retention and connectivity, heat loss and insulation and the ability to endure all temperature extremes.

Altech Batteries has notched up a win that will see permitting for its 100MWh battery project in Germany go through State approval, bypassing the more complex Federal process and expediting its mission. The company is in joint venture with Fraunhofer IKTS to commercialise the battery plant, which is designed to meet the demands of the stationary energy storage market.

Altech Batteries has revealed a vital update for key aspects of its Silumina Anodes pilot plant in the German State of Saxony to help progress its definitive feasibility study for a 10,000 tonnes per annum operation. The company says permitting, site design and supplier quotations are also advanced. An earlier prefeasibility study returned a net present value of US$507 million (AU$787 million).

European-focused Altech Batteries is seeking a green nod of approval for its Cerenergy sodium-chloride battery from renowned environmental research centre CICERO after a study found it emitted 50 per cent fewer greenhouse gases than lithium-ion batteries – and without needing critical metals, lithium and cobalt. Altech's planned Cerenergy battery plant in Saxony will utilise renewable energy sources to minimise its carbon footprint.

European-focused Altech Batteries has engaged a group of suppliers with extensive backgrounds in automation and robotics to help power its move into the next phase of plant construction as part of its Cerenergy battery project in Saxony, Germany. Management says the design of the plant is aimed at completing one battery cell every 45 seconds as the project's definitive feasibility study continues to gather momentum.

European-focused Altech Batteries has unveiled its preliminary specifications for two products aimed at the burgeoning grid power storage battery market, in a move it predicts will kickstart discussions with potential buyers. The storage batteries, which the Subiaco-based company says outperforms lithium-ion batteries on many levels, will be built in Germany in a joint venture with its partner, Fraunhofer IKTS.

Subiaco-based Altech Batteries has fast-tracked the final prototype of its unique battery pack that uses ordinary table variety salt instead of expensive and scarce minerals. The company's ABS60 battery pack, that it is planning to manufacture in Germany, is aimed at the burgeoning renewable energy and grid storage markets. Altech says it has the potential to be a “game-changer”.

Altech Batteries has unveiled a stunning first look at its cutting-edge Silumina Anodes pilot plant in Germany after completing the construction of its laboratory, power supply and wet-circuit infrastructure. The company's patented high-capacity and high-purity alumina-coated silicon and graphite anodes are designed for use in lithium-ion batteries. Its pilot plant is due to be scaled up to a 10,000 tonnes per annum production facility.

Altech Batteries has launched what it says is game-changing technology in the design of its new sodium chloride battery “GridPack”, which it expects to be up to 40 per cent cheaper to produce than lithium-ion batteries. Designed for the renewable energy storage market, the battery uses sodium ions found in table salt and avoids using scarce and expensive metals such as lithium, cobalt, graphite and copper.

ASX and Frankfurt-listed Altech Batteries has received A$5.12 million as the first of two deferred instalment payments from Frankfurt-listed Altech Advanced Materials for the purchase of 25 per cent of Aletch Batteries subsidiary Altech Industries Germany GmbH. The final instalment of 1.583 million euros or approximately A$2.5 million is payable in December 2023 completing the deal done in December 2020.

Altech Chemicals has held a successful shareholders vote to approve a name change to Altech Batteries Limited to better reflect the company's direction of “meeting a battery storage future”. The ASX ticker will remain ATC. Altech has three battery focused projects, Silumina lithium-ion battery anodes, Cerenergy- an alternative to grid storage batteries and a high-purity alumina project.

Altech Chemicals believes the commissioning of its Silumina lithium-ion battery anode pilot scale plant in Germany is destined for the third quarter of 2023. The plant will be scaled up to a 10,000 tonne per annum production facility for which a Definitive Feasibility Study is progressing in tandem with the plant's construction. The company is racing to meet the demand of the white-hot battery technology market.

The next big discovery will be the focus of this week's RIU Resurgence Conference where a host of ASX-listed companies will promote their activities to an investor audience across a two-day event in Perth. Hosted by Vertical Events, this year's presentations include a diverse group of ASX-listed companies with a variety of portfolios from emerging battery technologies to the latest in resources exploration around the world including lithium, gold, rare earth elements and more.