Altech Chemicals awards German battery metals pilot plant engineering contract
Küttner will start engineering work immediately, with procurement and construction of the pilot plant to follow.
Company
Altech Batteries Ltd
ASX:ATC
Altech Batteries Ltd is a specialty battery technology company that has a joint venture agreement with world leading German battery institute Fraunhofer IKTS to commercialise the revolutionary CERENERGY® Sodium Chloride Solid State Battery. CERENERGY® batteries are the game-changing alternative to lithium-ion batteries.
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Altech Chemicals subsidiary AIG completes pilot plant design for German battery materials plant
The company's potentially game-changing technology has demonstrated that silicon particles can be modified to resolve the capacity loss caused by swelling and first-cycle-loss capacity.
Altech Chemicals registers product name Silumina Anodes for its battery anode material
The key differentiation point of Silumina Anodes is that it will be a composite material of silicon and graphite particles that have been coated with alumina, using Altech’s proprietary alumina coating technology.
ASX falls as does unemployment raising fears Australian interest rates will rise early
“Those forecasts, which will be refreshed and possibly changed for the February 1 board meeting, indicate that underlying inflation will print 2.25% by the end of 2022 and 2.5% by the end of 2023,” - Westpac.
Altech Chemicals secures land to build HPA plant in Germany to service growing European EV market
The plant would produce alumina coated silicon/graphite anode materials to supply the lithium-ion battery and electric vehicle markets, using Altech’s proprietary coating technology.
Altech Chemicals executes EU feedstock supply MoUs for German battery materials plant
The MoUs executed with SGL and Ferroglobe not only establish the basis for the possible future supply of high-quality feedstocks suitable for the battery materials coating process but also align with the objective to minimise the proposed p
Altech Chemicals buoyed by positive share purchase plan response, raises A$2.2 million
Proceeds from the SPP, together with A$8.1 million from a recent placement, will be channelled into the construction of a battery materials coating plant in Germany.
Altech Chemicals' battery materials coating plant project in Germany receives 'green' status
The assessment is part of the PFS being undertaken by its 75%-owned German subsidiary Altech Industries Germany GmbH and ensures that it is now suitable for future green bond financing.
Altech Chemicals opens SPP to raise A$4 million on top of successful A$8 million placement
Funds raised will be applied towards construction of a pilot plant in relation to its battery materials coating technology in Saxony, Germany, the development of PFS and DFS studies, purchase of German land, and administration costs and for
Altech Chemicals completes $8.1 million oversubscribed share placement, initiates $4 million SPP
Altech Chemicals has raised $8.1 million in an oversubscribed share placement. Together with capital from a share purchase plan, the company intends to use the cash to fund the next stages of construction for its battery materials plant in
Altech Chemicals surges on “cracking the silicon barrier” with lithium-ion breakthrough of 30% higher energy density graphite-silicon anode
"This major achievement is not just a significant breakthrough for Altech, but also for the lithium-ion battery industry generally. Especially so, given the 2020 public statement by US electric vehicle manufacturer Tesla, which said that it
Altech Chemicals’ technology has potential to be a game-changer in lithium-ion battery evolution
If successful, commercialising Altech’s process would represent a significant step in lithium-ion battery anode evolution.
Altech Chemicals aligns with strong European push for cleaner and greener energy
While the company is focused on completing funding for its high purity alumina (HPA) plant in Johor, Malaysia, it has its sights set on a second plant in Germany.
Altech Chemicals executes option for German industrial site as it considers second HPA plant
It is investigating the site as a preferred location for a second plant, specifically to service forecast HPA demand from Europe’s burgeoning electric vehicle and renewable energy battery sectors
Altech Chemicals completes stage-2 construction work at HPA plant site in Malaysia
Stage-1 and 2 early works construction activities have been completed with a total of 137,916 lost time injury (LTI) free hours at the site by the EPC construction team and its appointed subcontractors.
Altech Chemicals recommences HPA plant construction in Malaysia
In response to the global COVID-19 pandemic, the Malaysian government imposed a Movement Control Order (MCO) effective from March 18.
Altech Chemicals buoyed by tests showing 4N HPA is critical for lithium-ion battery safety
The company has called for a minimum quality standard for all alumina used as coating material on battery separator sheets.
Altech Chemicals receives independent confirmation of HPA project's green credentials
The assessment encompassed both project and governance aspects and allows the project to be considered by investors in the green bond market.
Altech Chemicals utilises Acuity Capital Controlled Placement Agreement for $300,000
The company aims to become one of the world's leading suppliers of 99.99% (4N) high purity alumina (Al2O3) through construction and operation of an HPA processing plant at Johor, Malaysia.
Altech Chemicals signs subscription agreement worth up to A$2.98 million with US institutional investor
A $200,000 initial payment will be made by Specialty Metals Investments in the coming days, which will represent a prepayment for Altech shares.
Altech Chemicals pursues European initiatives for the post COVID-19 economy
The company is confident most European governments will make an economic stimulus available once stability returns to financial markets.
Altech Chemicals appoints Norwegian-based CICERO to conduct independent determination
The Centre of International Climate and Environmental Research (CICERO) is associated with the University of Oslo in Norway.
Altech Chemicals advances European finance strategy for Malaysian high purity alumina plant
The company can produce high purity alumina at around a third of the price of traditional producers who use aluminium metal feedstock by instead using Kaolin from Meckering, WA as feedstock for the company’s plant in Malaysia.
Altech Chemicals confirms AAM AG shareholder approval for €69.4 million raise
In July 2019 Altech Chemicals sold an option to Frankfurt-listed Altech Advanced Materials AG (AAM AG), whereby the German entity can acquire up to a 49% interest in Altech’s project for US$100 million.
Altech Chemicals ahead of schedule with electrical substation at HPA plant in Malaysia
The substation is expected to be completed during April 2020 with major structural works now complete.
Altech Chemicals progresses US$90 million mezzanine loan facility for HPA project
The company continues to work with its preferred mezzanine lender Macquarie Bank and with offtakers for product from the HPA processing plant in Malaysia, which is being constructed.
Altech Chemicals demonstrates green credentials of its high purity alumina production process
Feedstock for the company’s plant in Malaysia will be sourced from the 100%-owned kaolin deposit at Meckering, Western Australia.
Altech Chemicals continues to progress European initiatives for HPA strategy
A key step for the company's HPA strategy is a capital raise by Frankfurt Stock Exchange-listed Altech Advanced Materials AG of around €69.4 million if fully subscribed.
Altech Chemicals progresses towards goal of producing low-cost high purity alumina from kaolin
The company can produce HPA at around a third of the price of traditional producers who use aluminium metal feedstock.
RIU Explorers Conference “sets the tone” for the year ahead
The three-day event at the Esplanade Hotel Fremantle - by Rydges offers social and networking opportunities for delegates.
Altech Chemicals eyes potential use of HPA in solid state lithium-ion batteries
The demand for 99.99% high purity alumina (HPA) is likely increase further with the future development of solid-state lithium-ion battery technology.
Altech Chemicals recommences European capital raising process through AAM AG for HPA plant
The company aims to be one of the world's leading suppliers of 99.99% high purity alumina through construction and operation of a 4,500 tonnes per annum processing plant in Malaysia.
Altech Chemicals’ AAM signs placement agent agreement with global investment bank
The agreement will see the Swiss-based bank act as placement agent in relation to issuing of equity or other equity instruments by AAM via private placement.
Hardware & electrical equipment
Altech Chemicals electrical substation work nears completion at HPA site in Malaysia
Remaining construction for the plant, which is subject to final funding, is expected to be 24-months with first HPA output anticipated in late 2021.
Altech Chemicals raises €2 million in a 40:1 rights offer
The company’s recent rights offer has been supported by Deutsche Balaton through a €1.2 million participation.
Altech Chemicals completes Kerrigan kaolin drilling with potential to update resource
The Kerrigan project is 20 kilometres south of the central wheat belt town of Hyden, Western Australia, and covers an area of about 230 square kilometres.
Altech Chemicals chairman increases shareholding
The company is focused on developing a high purity alumina (HPA) plant located in Johor, Malaysia.
Altech Chemicals raises $2.8 million in SPP
The company is focused on developing a high purity alumina (HPA) plant located in Johor, Malaysia.
Altech Chemicals continues to advance HPA project towards financial close
Altech is aiming to become one of the world's leading suppliers of high purity alumina through the construction of a processing plant at Johor, Malaysia.
Altech Chemicals secures 10-year tax incentive for high purity alumina project in Malaysia
No corporate profit tax on business income until year 10 of operations which will have a positive impact on project free cash flow.
Altech Chemicals on-time and on-budget with construction at high purity alumina plant site in Malaysia
Remaining construction for the plant, which is subject to final funding, is expected to be 24-months, with first HPA output anticipated in late 2021.
Altech Chemicals initiates SPP following $1.8 million share placement completion
The balance of the placement was supported by a range of professional and sophisticated investors, many of whom are long-term holders of Altech shares.
Altech Chemicals in trading halt with capital raising announcement pending
The halt will remain in place until Thursday, December 5, or until an announcement is released to the market.
Altech Chemicals continues European fund raising with US$100 million subscription period to open
If successful the raise would position AAM to exercise its option to acquire up to a 49% interest in Altech’s high purity alumina (HPA) project.
Altech Chemicals to develop high purity alumina for semi-conductor applications
Altech’s preliminary investigation into the demand for high quality HPA from the EMC semi-conductor market indicates a global market size in the range of 700 – 900 tonnes per annum.
Altech Chemicals receives $2 million following shareholder approval
The company is focused on developing a high purity alumina (HPA) plant located in Johor, Malaysia.
Altech Chemicals appoints experienced German executive to supervisory board
Werner Klatten has held significant positions in the German media industry.
Altech Chemicals completes stage-1 construction at HPA plant in Malaysia
Construction of the substation structure is expected to begin during November 2019 once various off-site fabrication works are complete.
Altech Chemicals showcases HPA strategy at Korean InterBattery exhibition
German engineering firm SMS group GmbH is the EPC contractor for construction of the company’s HPA plant in Malaysia.
Altech Chemicals advances German equity strategy for high purity alumina project
German company Altech Advanced Materials will initially raise up to €69.4 million via rights issue and external share placement.
Altech Chemicals asked by German state government to consider construction of second HPA plant in Saxony
A European high purity alumina processing plant is part of the company’s strategic planning to benefit from the rapid transition to electric vehicles.
Altech Chemicals makes progress towards German project funding strategy
Altech is developing a high-purity alumina (HPA) project which involves building a HPA plant in Johor, Malaysia.
Altech Chemicals launches German project equity strategy with formation of Altech Advanced Materials
The company now holds a 29% interest in Altech Advanced Materials which in turn has obtained rights to acquire up to 49% of Altech’s high purity alumina project.
Altech Chemicals satisfies conditions for German project equity strategy
The company’s nominees have been appointed to German management and supervisory boards and the entity will be re-named Altech Advanced Materials AG.
Altech Chemicals nominees approved for appointment to YAG management board
The company is aiming to become one of the world's leading suppliers of 99.99% (4N) high purity alumina (HPA).
Altech Chemicals launches project equity strategy to advance HPA project
The advantage of this concept for Altech shareholders is that it provides an enhanced overall project and company valuation.
Altech Chemicals completes workshop steel frame and roof construction at HPA plant in Malaysia
Cladding works are now underway with retaining walls construction nearing completion.
Altech Chemicals project NPV to potentially increase 32% based on CRU high purity alumina market outlook
High purity alumina pricing is forecast to increase, driven by market developments in lithium-ion battery and other advanced applications such as LEDs.
Altech Chemicals makes steady progress at HPA plant construction site in Malaysia
Stage 1 construction progressing as planned with workshop steel frame erection nearing completion.
Altech Chemicals’ target price raised by State One Stockbroking
Altech recently raised the first steel at its high purity alumina (HPA) plant construction site in Malaysia.
Altech Chemicals raises first steel at HPA plant construction site in Malaysia
The raising of first steel represents the culmination of a series of significant achievements for the project over the last six months.
Investments and investor services
Altech Chemicals’ $18 million placement anchored by two new German investors
The funds will enable the company to proceed with stage II engineering and construction at its Malaysian high purity alumina plant.
Hardware & electrical equipment
Altech Chemicals hosts visit to site of Malaysian high purity alumina plant
Attendees observed the progress made since the initiation of site works at Johor in late February 2019.
Altech Chemicals in trading halt with capital raising news pending
The company's securities will remain in trading halt until the start of trading on Tuesday, April 16, or when an announcement is released to the market.
Hardware & electrical equipment
Technologies in spotlight at TechKnow Invest Roadshow
The technology roadshow will stop by in Sydney on Tuesday, March 19, and in Melbourne on Thursday, March 21.
Hardware & electrical equipment
Altech Chemicals continues to progress stage 1 construction at HPA project site in Malaysia
Workshop foundation piling is expected to commence shortly and preparations for the reinforced concrete works are in progress.
Altech Chemicals signs mezzanine finance mandate with Macquarie Bank
Petra Capital has a price target of 33 cents per share using a US$30,000 per tonne HPA price.
Altech Chemicals sees increase in demand for HPA from lithium battery manufacturers
The company has started site establishment work at its high purity alumina (HPA) plant in Johor, Malaysia.
Hardware & electrical equipment
Altech Chemicals makes further progress towards securing mezzanine debt facility
Achieving the go-ahead to proceed towards internal approval of a mezzanine debt facility is another important milestone for the company.
Investments and investor services
RIU Explorers Conference next week has packed program of presenters
The event will attract “the who’s who of the junior and mid-cap market CEOs” and will have a “bustling exhibition area”.
Altech Chemicals positive technical report progresses debt
A technical report prepared as part of debt due diligence has positive findings.
Altech Chemicals begins site establishment work at Malaysian HPA plant
Approval of a development order paves the way for preparatory work before stage I construction of the Johor facility.
Australian new energy companies hold global appeal: TLEM Conference lowdown
The two-day Technology and Low Emission Minerals Conference featured many of Australia’s emerging resource companies focused on sustainable operations and new energy minerals.
Altech Chemicals marks key milestone towards commencing high purity alumina plant construction
The company is commencing bulk earthworks and mobilising various sub-contractors, to maintain project momentum.
Technology and Low Emission Minerals Conference to showcase emerging Australian battery metals industry
The conference will be held at the Westin Hotel in Perth next Tuesday and Wednesday, November 13 and 14.
Altech Chemicals finalises site layout and building design for high purity alumina plant
The final design will be the basis for the submission of a development order application and the start of stage 1 construction.
Altech Chemicals secures speculative buy recommendation from State One Stockbroking
A final investment decision study for ATC’s high purity alumina project was published in October 2017.
Hardware & electrical equipment
Altech Chemicals seeks patents to protect its high purity alumina production process
Five patent applications have been lodged in Australia, with one in examination phase, and two in Malaysia.
Investments and investor services
Brisbane Resources Round-up hears ‘genie is out of the bottle’ for new age commodities
Regal Funds Management keynote speaker Julian Babarczy provides an overview of the battery metals sector.
Altech Chemicals granted patent for its unique high purity alumina production process
Stage I construction of Altech’s Malaysian high purity alumina plant is already funded and will commence imminently.
Investments and investor services
Brisbane Resources Round-up will showcase Australia’s resources sector
The annual convention is on next week at the Hilton Brisbane with 48 presentations and 70 exhibitors.
Altech Chemicals prepares to begin HPA plant construction, to run in parallel with finance close
Altech is equity funding stage I construction of its HPA plant in Malaysia in parallel with project finance close.
Altech Chemicals' high-purity alumina attractive to Asian battery markets
The company attended Battery Osaka in Japan, a conference which outlined shortages in medium-term high-purity alumina supply as well as the growing use of HPA in lithium-ion batteries.
Investments and investor services
RIU Resources Investor Roadshow draws hundreds of investors seeking junior opportunities
Up to 600 investors hear from 21 companies at events in Sydney and Melbourne this week.
RIU Resources Investor Roadshow hits Sydney and Melbourne this week
Around 600 investors will spend time at the Sydney event on Tuesday or at the Melbourne event on Thursday.
Hardware & electrical equipment
Altech Chemicals advancing plant construction in Malaysia
The company aims to become one of the world's leading suppliers of 99.99% HPA.
Altech Chemicals resumes normal trading, due diligence process commences
A due diligence kick-off meeting was held in Frankfurt, Germany on 27 July 2018.
Altech Chemicals enters trading halt ahead of news release
Altech is starting stage I construction of its high purity alumina (HPA) plant in Johor, Malaysia.
Investments and investor services
Investment opportunities presented at next week’s Proactive CEO Sessions
Four companies will present at the luncheon events in Sydney and Melbourne.
Investments and investor services
Altech Chemicals breaks ground in Malaysia as stage I high purity alumina plant work begins
Stage I construction at Johor site kicks off with a geotechnical drilling and ground survey program.
Altech Chemicals to outline integrated HPA development strategy at Proactive's CEO Sessions
Seats are filling fast for this month’s luncheon series in Sydney and Melbourne.
Investments and investor services
Altech Chemicals shareholders dig deep to raise $4.3 million in support of high purity alumina strategy
Around 20% of the company’s shareholders participated in a share purchase plan at 16.5 cents a share.
Altech Chemicals clears site ahead of HPA plant construction
Altech plans to feed the HPA plant using its kaolin mine in Western Australia.
Hardware & electrical equipment
Altech Chemicals executes stage I construction agreement for Malaysian HPA plant
EPC contractor SMS Group, of Germany, will undertake the work which is valued at about $10 million.
Archive
Altech Chemicals to follow $17 million placement with share purchase plan
Funds to be applied towards the company's proposed high purity alumina (HPA) plant in Malaysia.
Altech Chemicals raising $20 million to begin constructing Malaysian HPA plant
Funding will be used to commence construction of the high purity alumina plant in Malaysia.
Altech Chemicals enters ASX trading halt ahead of capital raising
Altech aims to be a vertically integrated producer of high-purity alumina (HPA).
Altech Chemicals signs US$60 million stream finance facility for alumina project
The company's shares are trading about 6% higher intra-day, at 18 cents.
Altech Chemicals eyes growing demand for high purity alumina from lithium-ion battery sector
The company is aiming to construct a high purity alumina (HPA) plant in Malaysia.
Altech Chemicals receives manufacturing licence from Malaysian government
The licence is for a 4,500 tonnes per annum high purity alumina plant.