from the ASX...Encouraging Phase 1 battery performance tests using HPA coated graphite. Breakthrough silicon alumina coating development. Pre-feasibility study of battery materials HPA coating plant in Germany. Termination of controlled placement agreement (Acuity Capital). Green bond offering process progressing well. Johor HPA plant site remains under care and maintenance.
Battery materials HPA coating plant pre-feasibility study commenced.
Plant to use Altech’s nano layer HPA coating technology.
10,000tpa production train for anode graphite coating.
Europe demand for anode graphite estimated at 500,000tpa by 2025.
Breakthrough silicon alumina coating development.
Tesla vision is for more silicon in lithium-ion battery anodes.
Silicon has ten times energy capacity compared to graphite.
Capacity retention during cycling potentially improved via alumina coating.
First phase of 100 cycle battery tests completed.
Coated graphite performance is encouraging and meets expectations.
Further test runs to demonstrate repeatability.
Potential improvements to lithium-ion battery life, capacity and chargeability.
Pre-feasibility study to commence.
Battery materials HPA coating plant.
Utilising Altech’s HPA coating technology.
Potential improvements to lithium-ion battery life, capacity and chargeability.
Option to acquire ~14Ha industrial site in Saxony, Germany.
€750b of European Union fiscal stimulus allocated to Next Generation “green” initiative.
€5.0 million (A$8.3 million) sale of 25% of Altech’s wholly owned Germany subsidiary (AIG).
Acquired by Frankfurt Stock Exchange listed Altech Advanced Materials AG.
Initial cash payment, with balance of consideration payable over 3 years.
AIG will have the rights to use Altech's HPA manufacturing technology.
€20.0 million (A$33 million) valuation of AIG, with Altech retaining 75%.
