Altech to Begin Feasibility for Battery Materials Plant

Altech Chemicals Ltd of Australia has announced that its 75%-owned German subsidiary, Altech Industries Germany GmbH (AIG), is poised to commence a pre-feasibility study for the construction of a battery materials high-purity alumina (HPA) coating plant in Saxony, Germany. The study will assess the commercial viability of constructing such a plant at the Schwarze Pumpe Industrial Park in Saxony.

It is contemplated that the coating plant`s HPA feedstock requirement would eventually be satisfied from Altech’s proposed Malaysian HPA plant. The pre-feasibility work is set to begin in March 2021, and will be funded by shareholders.

Altech has launched development of its nano-layer alumina coating technology which is expected to improve Coulombic Efficiency, cycling stability, high-rate performance and fast charging capability. The company says that the initiative also offers another potential avenue to secure a portion of future HPA production at a pre-determined floor price, which would support project financial close.

Volume 35, Issue 03

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