Altech Batteries

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.

Latest Media Releases

Altech Batteries - Results of Share Purchase Plan

21/05/2024 11:05:00

Highlights - Share Purchase Plan (SPP) closed 15 May 2024 - Proceeds received of $3,721,000 - Shares and options will be issued 22 May 2024 - Quotation of shares on ASX 22 May 2024 Altech B…

Altech Batteries - Extension to Share Purchase Plan

03/05/2024 09:06:00

Highlights -- Revised closing date for the Share Purchase Plan (SPP) of 15 May 2024 -- Eligible shareholders wishing to participate in the SPP must provide payment by 15 May 2024 -- Payment det…

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