Altech Batteries is listed on the Australian Stock Exchange (ASX:ATC) and on the Frankfurt Stock Exchange (FSE:A3Y).
Altech Batteries Limited is aiming to become one of the world's leading suppliers of 99.99% (4N) high purity alumina (HPA) (Al2O3).
HPA is a high-value product because it is the major source material for scratch-resistant artificial sapphire glass. Sapphire glass is used to produce a range of high-performance electronic applications such as LEDs, semi-conductors, phosphor display screens, as well as new emerging products such as smartphones and tablet devices. The global HPA market is approximately 19,040tpa (2014) and is expected to at least double over the coming decade.
Current HPA producers use an expensive and highly processed feedstock material such as aluminum metal to produce HPA. Altech produces 4N HPA directly from an ore feedstock, aluminous clay, from its Meckering deposit in Western Australia. The Company is now advancing a Bankable Feasibility Study (BFS) to develop a full-scale 4,000tpa HPA production facility. The Altech process employs conventional and proven “off-the-shelf” plant and technology to extract HPA from its low-cost and low-impurity aluminous clay feedstock, which results in lower operating costs.
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02/10/2024 09:53:00
Highlights
Entitlement Issue closed 10 September 2024
Binding commitments now received for remaining shortfall of 51,979,179 shares
Shares and free-attaching options intended to …
Latest News
Company News /
by Adrian Tan -
13 days ago
01 Oct 2024 - Altech Batteries (ASX:ATC) has unveiled a prototype of its CERENERGY 60 kWh battery, which operates efficiently without lithium or other rare materials. The prototype…
Interviews /
by Paul Sanger -
6 months ago
25 March 2024 - Altech Batteries Limited (ASX:ATC) Managing Director Iggy Tan provides an update on the company, discussing funding pathways and the results of the DFS.
Company News /
by Abbey Phillipps -
6 months ago
21 Mar 2024 - A snapshot of the stocks on the move, featuring APM Human Services International Limited (ASX:APM), Altech Batteries Limited (ASX:ATC) and Loyal Lithium Limited (ASX:…
Interviews /
by Paul Sanger -
A year ago
25 Sep 2023 - Wally Graham of Resources Roadhouse at the New World Metals Conference, speaking with Iggy Tan, Managing Director of Altech Batteries (ASX:ATC).
Market Reports /
by Peter Milios -
A year ago
11 Jul 2023 - At the closing bell, the S&P/ASX 200 was 1.5 per cent higher at 7,108.90, experiencing a strong rebound ahead of US CPI data, boosted by offshore gains and hints of i…
Company News /
by Abbey Phillipps -
A year ago
11 Jul 2023 - A snapshot of the stocks on the move, featuring Altech Batteries (ASX:ATC, FRA:A3Y), Sayona Mining (ASX:SYA; OTCQB:SYAXF) and Si6 Metals (ASX:SI6).
Market Reports /
by Peter Milios -
A year ago
11 Jul 2023 - Australia's share market is on track to break a four-day losing streak, with the S&P/ASX 200 index rising 0.97 per cent higher to 7,071.90 at noon. All sectors are ex…
Market Reports /
by Peter Milios -
A year ago
13 Jun 2023 - At the closing bell, the S&P/ASX 200 was 0.23 per cent higher at 7,138.90. The rise was driven by the performance of technology and healthcare stocks.
Market Reports /
by Peter Milios -
A year ago
13 Jun 2023 - At noon, the S&P/ASX 200 is 0.07% higher at 7,127.70. The Australian sharemarket experienced a decline of over 2%, mainly due to the energy sector's poor performance.…
Interviews /
by Tim McGowen -
A year ago
11 Apr 2023 - Altech Batteries Limited (ASX:ATC) CFO Martin Stein discusses the company's GridPack batteries for the renewable energy storage market and progress with the CERENERGY…
Company Presentations /
by Finance News Network -
A year ago
27 Feb 2023 - Iggy Tan - Managing Director - Altech Batteries is a specialty battery technology company that has a joint venture agreement with world leading German battery institu…
Market Reports /
by Peter Milios -
A year ago
07 Feb 2023 - The Reserve Bank of Australia has raised the official interest rate for the ninth consecutive time to 3.35 per cent. The bank indicated that more rate hikes may be ne…
Market Reports /
by Peter Milios -
A year ago
07 Feb 2023 - Investors are cautious as they await the outcome of the Reserve Bank's meeting and examine local earnings updates. As a result, the Australian sharemarket remains mos…
Market Reports /
by Peter Milios -
A year ago
31 Jan 2023 - Australian shares fluctuated on Tuesday with a 0.4 per cent gain and later 0.2 per cent loss. Consumer stocks led the gains, up 2.3 per cent, while tech stocks weighe…
Market Reports /
by Peter Milios -
A year ago
25 Jan 2023 - The Australian Treasurer, Jim Chalmers, held a press conference addressing the "unacceptably high" inflation figures released today. He acknowledged the high figures,…
Market Reports /
by Peter Milios -
A year ago
25 Jan 2023 - Australian inflation has grown at a rate of 7.8% in the December quarter, which is higher than expected. This has reinforced the case for the Reserve Bank to lift the…
Interviews /
by Lauren Hayes -
A year ago
23 Nov 2022 - Altech Chemicals Limited (ASX:ATC) CFO Martin Stein discusses the recent joint venture with Fraunhofer IKTS and the CERENERGY solid state sodium alumina battery.
Market Reports /
by Peter Milios -
A year ago
07 Nov 2022 - Materials is the strongest sector by far in today’s trading. This was due to the initial possibility that China would begin to ease COVID restrictions. As such, BHP (…
Market Reports /
by Lauren Hayes -
A year ago
07 Nov 2022 - US markets finished higher on Friday after a volatile session following the release of the October jobs report, which showed better-than-expected hiring, while the un…