Sodium nickel chloride – the alternative to lithium batteries
25 March 2024 - Altech Batteries Limited (ASX:ATC) Managing Director Iggy Tan provides an update on the company, discussing funding pathways and the results of the DFS.
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Altech Batteries Ltd is a specialty battery technology company that has a joint venture agreement with world leading German government battery institute Fraunhofer IKTS (“Fraunhofer”) to commercialise the revolutionary CERENERGY® Sodium Chloride Solid State (SCSS) Battery. CERENERGY® batteries are the game-changing alternative to lithium-ion batteries. CERENERGY® 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 is lithium-free; cobalt-free; graphite-free; and copper-free, eliminating exposure to critical metal price rises and supply chain concerns.
The joint venture is commercialising its CERENERGY® battery, with plans to construct a 120 MWh production facility on Altech’s land in Saxony, Germany. The facility intends to produce CERENERGY® battery modules to provide grid storage solutions to the market.
25 March 2024 - Altech Batteries Limited (ASX:ATC) Managing Director Iggy Tan provides an update on the company, discussing funding pathways and the results of the DFS.
Watch Now
Iggy Tan - Managing Director - Altech Batteries (ASX:ATC) is a specialty battery technology company that has a joint venture agreement with world-leading German battery institute Fraunhofer IKTS to commercialise the revolutionary CERENERGY Sodium Chloride Solid State Battery.
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A snapshot of the stocks on the move, featuring APM Human Services International Limited (ASX:APM), Altech Batteries Limited (ASX:ATC) and Loyal Lithium Limited (ASX:LLI).
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Iggy Tan, Managing Director, Altech Batteries (ASX:ATC) is a specialty battery technology company that has a joint venture agreement with world leading German battery institute Fraunhofer IKTS to commercialise the revolutionary CERENERGY® Sodium Chloride Solid State Battery.
Watch Now
Altech Batteries (ASX:ATC) reveals prototype, poised for final tests and government backing.
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11 Jul 2023 - At the closing bell, the S&P/ASX 200 was 1.5 per cent higher at 7,108.90, experiencing a strong rebound ahead of US CPI data, boosted by offshore gains and hints of increased support for China's property sector.
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11 Jul 2023 - Australia's share market is on track to break a four-day losing streak, with the S&P/ASX 200 index rising 0.97 per cent higher to 7,071.90 at noon. All sectors are experiencing gains, with technology, property, discretionary, and materials leading the way.
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Cobalt? Passe. Lithium? Soo yesterday. Graphite? Get with the program, please: high purity alumina is the vogue battery metal.
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Just as diamonds are compacted carbon, sapphires are derived from alumina subject to immense heat and like diamonds they can also be grown artificially.
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