Altech Batteries Ltd (ASX:ATC) Share Price and News

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About Altech Batteries

 Altech Batteries (ATC) (formerly Altech Chemicals) is a Perth-based battery technology development company. ATC’s two key projects include the CERENERGY® project and the Silumina Anodes project.

CERENERGY® is a serious alternative tolithium-ion batteries for several reasons, including that they are fire and explosion proof, have a far longer-life span and can operate in extreme climates. In September 2022, Fraunhofer and Altech announced a JV to commercialise the CERENERGY® battery - 75% owned by Altech and associated entity Altech Advanced Materials AG, with Fraunhofer owning 25%. The JV is commercialising a 100 MWh battery plant in Germany on Altech’s land.

Silumina Anodes is a composite silicon-graphite anode material, that uses patented high-purity alumina coating technology. The resultant product has been tested and shown to increase capacity of the conventional EV lithiumion battery by ~30%.The product will be provided to potential end users for their internal test work. Concurrently, Altech is preparing a Definitive Feasibility Study (DFS) for a 100% green energy plant in the Schwarze Pumpe district of Germany that will be able to produce 10,000tpa of Silumina AnodesTM. A PFS has
already been completed, reflecting an NPV of US$507M.

Future Outlook of Altech Batteries Ltd (ASX:ATC)

Altech has a bright future ahead of it. It has the ideal management team to accomplish its objective and has two strong assets that can make a key difference. We note with Silimina Anodes, Altech is the first (and so far only) company to have 'cracked the silicon code', in other words, to successfully use silicon in lithium-ion batteries.

Is Altech Batteries Ltd (ASX:ATC) a Good Stock to Buy?

Looking at Altech Batteries, the company is facing some tough challenges. Yes it has some promising projects, but it needs to secure offtake agreements and funding for the projects. These would be the key catalysts for a value uplift.

Our Stock Analysis


Altech Chemicals (ASX: ATC) is flying high on the back of a joint venture deal

Getting exposure to the green energy transition  Shares of the emerging high purity alumina (HPA) producer, Altech Chemicals (ASX: ATC),…

Frequently Asked Questions

CERENERGY® stands out because it uses table salt, not rare metals. This makes it not just safer but also kinder to the planet, working well even in extreme weather.

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