ALTECH BATTERIES LIMITED

Altech Batteries Ltd develops and commercializes innovative solid-state sodium chloride batteries—free of lithium, graphite, copper, and cobalt—for sustainable, large-scale energy storage in the European grid market, while also pioneering advanced battery materials to boost lithium-ion performance.

ALTECH BATTERIES LIMITED Share Price & Chart

About ALTECH BATTERIES LIMITED (ASX:ATC)

Altech Batteries Ltd is a cutting-edge technology company focused on revolutionizing the battery and energy storage sector through innovative solid-state sodium chloride battery technology. The company is actively developing and commercializing a 120 MWh battery production facility in Germany, targeting the European grid energy market with unique 1MWh GridPacks that offer a sustainable and advanced energy storage solution.

The company’s technological innovation extends beyond grid storage, with strategic projects in battery materials development. Altech has successfully developed a breakthrough technology for nano-coating graphite and silicon particles with high-purity alumina, which enhances lithium-ion battery performance. Their research has demonstrated a potential 30% increase in energy density, positioning them at the forefront of battery material innovation for future energy solutions.

In partnership with the renowned Fraunhofer IKTS battery institute, Altech is pioneering sodium chloride solid-state battery technology under the CERENERGY® brand. These batteries are unique in their composition, being lithium, graphite, copper, and cobalt-free, and instead utilizing sodium (table salt). The company has established a majority-owned joint venture to commercialize this technology, with a focus on creating more sustainable, efficient, and environmentally friendly energy storage solutions for grid, uninterruptible power supply, and emerging battery markets.

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