Altech is rapidly progressing plans to get its patented Silumina AnodesTM technology for lithium-ion batteries into the market with construction starting on a pilot plant in Germany.
The technology, which the Company says has cracked the “silicon code”, allows for the game-changing incorporation of high-capacity silicon into lithium-ion battery anodes to achieve a 30% higher energy capacity with improved battery life.
Altech Chemicals (ASX:ATC) expects its proprietary silicon graphite product to result in smaller, lighter batteries for the future of the EV market.
It recently completed a Preliminary Feasibility Study for construction of a full-scale 10,000 tonnes per annum Silumina AnodesTM plant in Saxony, Germany, which has modelled a net present value, being a measure of a project’s free cash flow, of US$507 million.
To support…
Altech building Silumina Anodes pilot plant for lithium-ion batteries
