Altech (ASX:ATC) power up ‘game changing’ blueprint

Altech Batteries is moving production forward, with two final market 60KWh battery pack prototypes now being fabricated at its JV partner’s facilities in Hermsdorf, Germany.

Destined for the renewable energy and grid storage markets, the mega battery pack boasts a rated operating voltage of 600 volts at 100 amp and has been engineered to ensure complete protection from external environments.

“We have built a dynamic and fast moving project team incorporating personnel from Altech, Fraunhofer and various leading German engineering companies and industrial contractors,” Managing Director Iggy Tan said.

The advancements made on the final designs of the 60 KWh Battery Pack in such a short time frame are outstanding. I am very pleased with the progress.”

After completion, the battery packs will be available for testing at customer premises and be submitted to extreme cycling tests, with simulations indicating the batteries can maintain stable internal temperatures without overheating – in harsh desert conditions up to 60 degrees Celsius.

It is the next milestone on a potentially game-changing alternative to the lithium-ion battery, sitting outside of supply chain concerns with no trace of lithium, cobalt, graphite, or copper.

And The Altech-Fraunhofer joint venture is underway on commercialising a 100MHh per annum SCSS battery plant, set to produce the uniquely stackable plug-and-play GridPacks, which the companies see as being evident among a globally firing battery storage industry.

ALTECH BAT FPO [ATC]

Sector: Basic Materials

Industry: Specialty Chemicals

Employees: 24

Altech Batteries Limited, together with its subsidiaries, operates as a specialty battery technology company in Australia, Germany, and Malaysia. It operates through Silumina Anodes, CERENERGY, and High Purity Alumina segments. The company holds interests in the CERENERGY Battery Project, an alternative to lithium-ion batteries for grid storage; Silumina Anodes Project, a high-purity alumina coated silicon and graphite anode material for batteries; and high purity alumina project. It also engages in kaolin mine and other mineral exploration activities. The company was formerly known as Altech Chemicals Limited and changed its name to Altech Batteries Limited in February 2023. Altech Batteries Limited was incorporated in 2007 and is based in Subiaco, Australia.

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