Altech - Company Presentation
Perth, May 7, 2018 AEST (ABN Newswire) - Altech Chemicals Ltd (ASX:ATC) provide the latest Company Presentation.
Final Investment Decision Study (FIDS)
- Pre-tax NPV7.5 US$ 505 million
- Internal Rate of Return (IRR) 22%
- Payback (full rate) 3.9 years
- EBITDA US$ 76 million p.a.
- Capital cost US$ 298 million
- Production Costs - US$ 9.90/kg
- LT Sale Price - US$ 26.9/kg
- Gross Margin - 63%
To view the presentation, please visit:
http://abnnewswire.net/lnk/0EMQXJ0S
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.
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