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Perth, Oct 6, 2020 AEST (ABN Newswire) - Altech Chemicals Limited (ASX:ATC) (A3Y:FRA) is pleased to advise that a recent interview by The Market Herald with managing director, Iggy Tan is now available for viewing on the Company's web site: https://www.altechchemicals.com
In the interview, Mr Tan discusses the Company's development of a high purity alumina (HPA) grade that is specific to anode applications within lithium-ion batteries. He also discusses the recent news on Tesla - its target to reduce lithium-ion battery production costs to below US$100/kW and to increase battery production capacity to 3 terra watts (TW). Mr Tan believes that Altech's proposed anode grade HPA would assist the lithium-ion battery industry's long term target of increasing battery energy density and lowering overall production costs.
About Altech Batteries Ltd
Altech Batteries Limited (ASX:ATC) (FRA:A3Y) is a specialty battery technology company that has a joint venture agreement with world leading German battery institute Fraunhofer IKTS ("Fraunhofer") to commercialise the revolutionary CERENERGY(R) Sodium Alumina Solid State (SAS) Battery. CERENERGY(R) batteries are the game-changing 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 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(R) battery, with plans to construct a 100MWh production facility on Altech's land in Saxony, Germany. The facility intends to produce CERENERGY(R) battery modules to provide grid storage solutions to the market.
Contact
Corporate Iggy Tan Managing Director Altech Batteries Limited Tel: +61-8-6168-1555 Email: info@altechgroup.com