Company Presentation
Perth, Oct 17, 2018 AEST (ABN Newswire) - Altech Chemicals Ltd (ASX:ATC) provides the Company's latest presentation.
Altech Growth Performance
- 14 x steady market cap growth (4 years)
- Ave trade value $2k/day to $350k/day
- 480% increase in shareholders to 3,500
- Mar Cap $95m -572 m shares
- Cash - $14 m
- A$ 21 million raised
- Stage 1 construction commenced
- Construction concurrent with debt finance close
- Site clearance completed
To view the full presentation, please visit:
http://abnnewswire.net/lnk/03041646
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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