Summary
Altech Batteries Limited (ATC) FAQ
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Altech Batteries Limited Profile
| Chemicals Industry | Materials Sector | Mr. Ignatius Kim-Seng Tan B.Sc., GAICD, M.B.A. CEO | ASX Exchange | Q02663153 CUSIP |
| Australia Country | 24 Employees | - Last Dividend | 12 Aug 2024 Last Split | - IPO Date |
Overview
Altech Batteries Limited is a distinguished specialty battery technology company based in Australia, playing a pivotal role in the energy sector. Initially established under the name Altech Chemicals Limited, the company underwent a strategic rebranding to Altech Batteries Limited in February 2023, reflecting its focused commitment to battery technology advancement. Since its incorporation in 2007, Altech has dedicated itself to the research, development, and commercialization of innovative battery technologies and materials, with its operations anchored in Subiaco, Australia. The company aims to address the growing global demand for energy storage solutions with higher efficiency, sustainability, and cost-effectiveness.
Products and Services
Altech Batteries Limited has embarked on several groundbreaking projects, each aimed at enhancing battery performance and sustainability. These include:
- CERENERGY Battery Project: This project focuses on the development of an alternative salt nickel battery designed specifically for grid storage applications. The CERENERGY Battery offers a promising solution for large-scale energy storage, leveraging the benefits of salt and nickel to create batteries that are not only efficient but also environmentally friendly and potentially more cost-effective than traditional lithium-ion batteries.
- Silumina Anodes Project: Aimed at revolutionizing the battery anode market, the Silumina Anodes Project involves the creation of alumina coated silicon graphite anode material. This innovation is expected to significantly enhance the performance of lithium-ion batteries, offering higher capacity, longer lifespan, and improved efficiency, thereby meeting the rapidly increasing needs of the electric vehicle and portable electronics markets.
- High Purity Alumina Project: High purity alumina (HPA) is essential for a wide range of applications, including LED lights, electronic displays, and, notably, as a critical material in the manufacturing of battery separators and anode materials. Altech's project in this domain aims to produce HPA of the highest quality, facilitating the development of batteries with greater safety, efficiency, and durability.
