- Altech Batteries is a battery technology company focusing on commercialising its revolutionary CERENERGY® Sodium-Chloride Solid State (SCSS) Battery that uses common table salt technology.
- Altech’s proprietary technology does not require lithium, cobalt, copper or graphite, eliminating cost, ethical, safety and supply chain issues.
- Compared to lithium-ion batteries, the CERENERGY® battery is fire and explosion proof, is cheaper to manufacture, is suitable in any temperature range and provides a greater lifespan.
- Altech has a joint venture agreement with Fraunhofer IKTS, the German Government’s Battery Institute that has been developing the SCSS technology for eight years with significant financial investment.
- The joint venture is building a new 100 MWh plant in Saxony, Germany to manufacture the new SAS 1.0 MWh GridPack, designed for the lucrative and growing grid storage market.
- Additionally, Altech is building a pilot plant for its Silumina AnodesTM product, designed to improve lithium-ion batteries by providing a higher capacity anode for the EV market. This patented technology involves coating silicon and graphite with high-purity alumina, increasing the capacity of lithium-ion batteries by 30% compared to traditional graphite only anodes.
Altech Batteries (ASX:ATC, FRA:A3Y) is a battery technology company focused on commercialising the revolutionary CERENERGY® Sodium-Chloride Solid State (SCSS) Battery, destined for the renewable energy grid storage market. The SCSS Battery does not require lithium, cobalt, copper or graphite, bypassing these high-demand and expensive minerals, and leverages a novel sodium-chloride (common table salt) technology to produce a more durable and longer-lasting battery. This new battery uses cheaper and readily available sodium rather than the more scarce, costly and risky lithium. Lastly, Altech is headed by an experienced team who understands what it takes to bring transformative technology to market.