Altech Chemicals has unveiled a 60KWh battery that uses garden variety table salt instead of lithium and other critical metals typically found in a lithium battery. The company is looking to muscle into the multi-billion-dollar renewable energy and grid storage market that is currently dominated by the lithium players. The battery is designed to fill the need for middle and long-duration power sources that provide sustained power over long periods.
Altech Chemicals has forged a JV partnership with German research group Fraunhofer ITKS to commercialise a large-scale energy storage alternative to lithium-ion batteries. The new technology uses table salt and nickel and the partners argue it churns out safer, longer-term power solutions without the concern of price hikes and supply chain issues associated with critical metal-infused devices.
ASX-listed energy technology company Altech Chemicals is weeks away from getting construction underway at its game-changing battery-boosting production facility in the German state of Saxony after ramping up building activity at the site. A previously completed preliminary feasibility study suggests the plant could deliver a net present value of US$507 million.
Altech Chemicals has expanded its research and development centre in WA in order to produce a new range of high-performance batteries using its innovative anode technology. The company is looking to integrate its battery boosting Silumina Anodes mixture into the batteries' graphite anode to produce a more powerful end product.
Altech Chemicals has executed a framework agreement with Fraunhofer IKTS to accelerate the testing and qualification process for its battery-boosting Silumina Anodes product. The company is looking to lather the silicone and graphite-infused substance over lithium-ion batteries to deliver battery anodes with a 30 per cent higher retention capacity over non-coated items.
Altech Chemicals is tantalisingly close to building a high-purity alumina coating pilot plant in the German state of Saxony after signing a final construction contract with developer Kuttner GmbH. The company's glazing process uses silicone particles and graphite to treat anode materials, boosting the endurance of lithium-ion batteries.
Altech Chemicals has set out to bolster the intellectual property of its silumina anodes battery materials technology and alumina coating process by filing an international application that allows it to file national submissions in up to 156 countries. The company has lodged patent tenders in the United States, Europe, China, Japan and Korea as it looks to protect its lucrative technology.
Altech Chemicals has tabled an eye-catching set of numbers in its preliminary feasibility study for a 10,000 tonne per annum high-purity alumina coating battery material plant which it plans to build in the bustling Schwarze Pumpe Industrial Park in Germany. The study estimates the plant will churn out US$63 million per annum once in operation on a capital investment of just US$95 million.
Altech Chemicals says recent drilling at its wholly-owned Kerrigan deposit, about 20km south of Hyden in Western Australia, has delivered a “fresh” kaolin resource boosting its current mineral resource estimate by 47 per cent to125 million tonnes at an ISO brightness of 85.2 per cent. The probe was initially completed to validate earlier drilling and collect samples for test work.
Our board moves wrap includes Martin Stein, Matthew Worner, Cameron O'Brien, Rebecca Moylan, Rachel Kerr, David Lenigas, Simon Andrew, Xavier Braud, and Simon Bolster.
Altech Chemicals has put the finishing touches to its German-based pilot plant where it will look to produce a premium battery grade anode material coated with HPA using its proprietary technology. The plant is designed to produce up to 37,000 kilograms of coated anode material per year and Altech's testing to-date shows considerable efficiencies not currently available to battery makers.
Altech Chemicals has launched and registered the product name “Silumina Anodes” for its breakthrough proprietary HPA coating technology that combines silicon particles, treated with its innovative technology and routine battery grade graphite to engineer a lithium-ion battery electrode containing a composite graphite-silicon anode. According to the company, the process produces lithium-ion battery anode materials with a 30 per cent higher retention capacity than existing materials.
ASX-listed Altech Chemicals is pressing ahead with its development of a high-purity alumina coating plant for lithium batteries in the German state of Saxony after its 75 per cent owned subsidiary, Altech Industries Germany, exercised an option to purchase a 14-hectare industrial site. The company says its newly acquired ground is an ideal location for the 10,000 tonne per annum HPA plant.
Altech Chemicals has moved closer to the development of a battery material coating plant in Germany after its subsidiary, AIG inked a MoU with two European lithium-ion battery grade anode material suppliers.
Altech Chemicals has attained a “Medium Green” rating for its proposed battery materials coating plant in Germany from independent Norwegian outfit, the Centre of International Climate and Environmental Research. A medium green classification potentially qualifies the plant as suitable for future financing through green bonds – a type of fixed-income instrument specifically earmarked to raise capital for projects that generate climate and environmental benefits.
Shares in Altech Chemicals soared by 50 per cent in intraday trading Thursday after the ASX-listed company delivered a breakthrough in utilising silicon in lithium-ion batteries. Altech says it has broken the “silicon barrier” by successfully applying its proprietary coating technology to produce a series of lithium-ion battery anode materials with a 30 per cent higher retention capacity than existing anode materials.
Altech Chemicals may have raised the stakes at its Kerrigan kaolin deposit in Western Australia's Wheatbelt with the discovery of halloysite in its analysis of samples from last year's aircore drilling program. Halloysite is a tubular type of kaolin that attracts a premium price because of its value for a range of specialist uses.
ASX-listed Altech Chemicals could be on its way to becoming a key player in the thriving lithium-ion battery industry with its high purity alumina coating technology that the company says may be able to resolve fundamental issues with energy densities and the cost of lithium-ion batteries. The company is undertaking a pre-feasibility study for a proposed 10,000 tonne per annum battery materials coating plant in Saxony, Germany.
ASX-listed Altech Chemicals has officially opened an advanced battery materials research and development centre in Germany, where it is seeking to construct a battery materials high purity alumina coating plant. The company is ticking along with a pre-feasibility study into the venture as it looks to fast-track its coating technology to full-scale commercialisation.
High purity alumina hopeful Altech Chemicals has set up a dedicated research, development and testwork laboratory in Perth as it looks to refine its graphite and silicon particle battery materials HPA coating technology. The company says the almost fully operational laboratory, previously occupied by an environmental consulting business, has been in a commissioning phase since May this year and was easily converted to meet its requirements.
Altech Chemicals has stepped up efforts to expand the use of high purity alumina, or “HPA” in the burgeoning lithium-ion battery market, filing a patent for its anode-coating technology with IP Australia. Demonstration of better battery performance through the use of an alumina-based battery anode coating could open up another lucrative new market for HPA from Altech's under-development US$280 million plant at Johor in Malaysia.
Altech Chemicals continues to power through its pre-feasibility study in Germany that is looking to firm up the economics of building a plant that can make use of Altech's high purity alumina coating technology. The company has now secured space for a research and development facility adjacent to a 14-hectare site in Saxony where it has extended an option over the site as it completes engineering and marketing studies for the plant.
Altech Chemicals has joined forces with Germany's SGL Carbon to explore the production of an alumina coated graphite product for use in the budding lithium-ion battery sector. The company will contribute its high purity alumina, or “HPA” product and proprietary coating technology to the project whilst SGL will deliver ongoing engineering support and treatment systems for the production of HPA powders.
ASX-listed Altech Chemicals' 75 per cent-owned subsidiary, Altech Industries Germany has kicked off a pre-feasibility study for a 10,000 tonne per annum high purity alumina battery materials coating plant in Saxony, Germany. The PFS will integrate Altech's “nano-layer” HPA coating technology with HPA produced at the company's plant in Malaysia which will be fed from Altech's kaolin deposit near Meckering in Western Australia.
ASX-listed high purity alumina developer, Altech Chemicals has succeeded in developing a ‘breakthrough' alumina coating of silicon particles used in lithium-ion batteries. The company says the new process could lead to significantly improved energy density, battery life and a reduced first cycle lithium loss. Interestingly, mega battery and electric vehicle maker, Tesla, recently said its aim was to increase the content of silicon in its batteries.
High purity alumina developer, Altech Chemicals says the results from first-phase testing of batteries that contain graphite particles coated with its proprietary high purity alumina coating technology have been “positive and encouraging”. Test work will now proceed to the next stage involving further testing of battery charging and discharging with the aim of demonstrating repeatability and consistency.
ASX-listed Altech Chemicals' 75 per cent-owned German subsidiary, Altech Industries Germany is set to begin a pre-feasibility study on the potential construction of a battery materials high purity alumina coating plant in Germany. The company says the PFS will assess the commercial viability of building the plant, which would coat anode-grade battery materials with HPA using its own alumina coating technology.
Altech Chemicals has taken a giant leap towards securing the remaining financing required for its proposed US$280 million HPA processing plant at Johor in Malaysia, with preparations well under way for a US$144 million listed green bond instrument. Altech's Malaysian subsidiary plans to use US$100 million of the total amount raised as a secondary debt facility for the partial funding of plant construction costs.
ASX-listed high purity alumina player, Altech Chemicals says it has kicked off battery performance testing of graphite particles that have been coated with HPA using its alumina-coating technology. It comes after what the Perth-based company described as the successful demonstration of the technology to coat graphite particles, typical of those used in anode applications within lithium-ion batteries, with a nano layer of HPA.
ASX-listed high purity alumina hopeful, Altech Chemicals has finalised the terms of a staggered €5 million sale of a 25 per cent interest in German subsidiary, Altech Industries Germany to Frankfurt Stock Exchange-listed Altech Advanced Materials. Perth-based Altech, who retains ownership of the other 75 per cent of AIG, says it has now received the initial cash payment of €250,000 under the terms of the agreed deal.
ASX-listed high purity alumina hopeful, Altech Chemicals, has linked up with an international silicon powder supplier to collaborate on the development of a long-life silicon anode active material targeted for use in lithium-ion batteries. Spain-based Silicio FerroSolar, part of the global Ferroglobe group, produces high purity-grade silicon found in a growing list of applications and is developing tailor-made silicon powders for the anode of lithium-ion batteries.
Altech Chemicals has agreed to sell a 25 per cent stake in its German subsidiary, Altech Industries Germany, for €5 million – or about A$8.3 million. Frankfurt Stock Exchange-listed Altech Advanced Materials will buy the AIG stake, delivering the ASX-listed parent company a useful cash harvest that will help advance its Malaysian high purity alumina play.
Rockingham-based WA Kaolin has kicked off a capital raising to fund the scale-up of its WA operations; it joins several companies planning to mine the specialist industrial mineral.
ASX-listed high purity alumina player, Altech Chemicals, has received a commitment for a €7.38 million grant from the state Government of Saxony in Germany towards the potential development of a HPA plant in the east German state. It comes after the company recently signed an option agreement to purchase approximately 10 hectares of industrial land in the Schwarze Pumpe Industrial Park in the Spreetal municipality of Saxony.
Altech Chemicals looks set to stamp its mark on lithium battery technology continuing the development of a revolutionary high purity alumina coating for use in anode production. The coating shows the potential to extend the life of lithium-ion batteries, increase their overall capacity and enhance their chargeability. The company is developing the technology to incorporate into its product stream for manufacture from its HPA plant currently under construction in Malaysia.
ASX-listed high purity alumina player Altech Chemicals has reached the next construction milestone of its proposed US$280 million processing plant development at Johor Bahru in Malaysia as it works towards a production start-up target of 2023. Engineering, procurement, construction and commissioning contractor, German engineering firm SMS, has now completed the remaining component of the Johor Bahru project's stage two work – an electrical substation – at the Altech plant site.