Equities

Altech Batteries Ltd

Altech Batteries Ltd

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  • Price (EUR)0.037
  • Today's Change-0.001 / -2.63%
  • Shares traded84.51k
  • 1 Year change-33.00%
  • Beta--
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About the company

Altech Batteries Limited is a specialty battery technology company. It has a joint venture agreement with the German battery institute Fraunhofer IKTS (Fraunhofer) to commercialize the CERENERGY Sodium Chloride Solid State (SCSS) Battery. CERENERGY batteries are an alternative to lithium-ion batteries. Its segments include Silumina Anodes, CERENERGY, and High Purity Alumina (HPA). Its Silumina Anodes project involves combining silicon and graphite and coating this composite product with a nanometer layer of high-purity alumina for inclusion in lithium battery anodes. CERENERGY batteries are fire and explosion-proof, have a life span of more than 15 years and operate in extreme cold and desert climates. The battery technology uses table salt and nickel, which is lithium-free; cobalt-free; graphite-free; and copper-free, eliminating exposure to critical metal price rises and supply chain concerns. It is also engaged in the construction and operation of a 4,500tpa HPA processing plant.

  • Revenue in AUD (TTM)238.55k
  • Net income in AUD-73.57m
  • Incorporated2007
  • Employees19.00
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