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Altech Batteries Limited

ASX | ATC Battery Technology
14 May 2024

Altech Batteries Limited Uploaded a Presentation
May 14, 2024

Altech Batteries – May 2024 Corporate Presentation

Presentation Highlights:

  • Altech is pleased to present its CERENERGY® Battery Project, with state-of-the-art fire-proof, large-temperature-range, 15-year-shelf-life technology.
  • CERENERGY® is free of critical minerals lithium and cobalt, with no graphite or copper anodes required. Grid storage grown to 28% CAGR, with projection for 3,000 GW by 2050.
  • With a Grant Application in progress, discussions with two possible partners, and many EU Incentives for Green Projects, financing for CERENERGY® well underway.
14 May 2024

Altech Batteries Limited Uploaded a Video
May 14, 2024

Altech Batteries – German MD Uwe Ahrens Presents CERENERGY at RIU Sydney Conference

  • Uwe Ahrens, German MD of Altech, introduces the innovative CERENERGY Battery Project during the RIU Sydney Conference.
  • The CERENERGY battery showcases state-of-the-art versatility, durability, and safety, revolutionizing energy storage.
  • Ahrens passionately invites investors to explore this new battery technology and join Altech’s global mission towards renewable energy transformation.
3 May 2024

Altech Batteries Limited Uploaded a Corporate Update
May 3, 2024

Altech Batteries Announces Extension to Share Purchase Plan Closing Date

Release Highlights:

  • The Board of Altech Batteries has decided to extend its AUD 5 million SPP offer date by one (1) week to May 15th, 2024, after receiving feedback from several shareholders requesting additional time.
  • This will ensure that all shareholders have sufficient time to participate.
  • Payment details can be found on the personalized Application Form provided to shareholders.
28 Apr 2024

Altech Batteries Limited Uploaded a Corporate Update
April 28, 2024

Altech Batteries Quarterly Report Q1 2024

Report: Highlights:

  • ABS60 60kWh CERENERGY®Battery development has made significant strides, with two prototypes produced and the pilot plant at Fraunhofer IKTS Hermsdorf redesigned. All materials have been procured, and cell assembly is progressing well with low reject rates.
  • All equipment on the Silumina Anodes™ Project now received for plant construction with plant area commissioning underway. Project includes robust economics including an NPV(10) of €684 million.
  • CEO Iggy Tan recently presented at the RIU Conference held in Fremantle, Australia. Shareholders are invited to view a recording of the presentation at the following website link:
17 Apr 2024

Altech Batteries Limited Uploaded a Corporate Update
April 17, 2024

Altech Batteries Provides Details on Share Purchase Plan Prospectus

Download Content in Link Below for Additional Details

17 Apr 2024

Altech Batteries Limited Uploaded a News Release
April 17, 2024

Altech Batteries – Launch of Share Purchase Plan

Release Highlights:

  • Altech is delighted to announce the opportunity for eligible shareholders to participate in an equity raising via the launch of its Share Purchase Plan (SPP)
    to raise up to AUD 5M.
  • The SPP follows the excellent Definitive Feasibility Study (DFS) for the CERENERGY® project which included an NPV(9) of EUR 169M and free cash flow of EUR 48M p.a.
  • The shares issued pursuant to the SPP will be at an issue price of AUD 0.065 per share with one free attaching option for every two shares acquired. The options will be exercisable at AUD 0.08 per share and will expire on 30 April 2026.

22 Mar 2024

Altech Batteries Limited Uploaded a Corporate Update
March 22, 2024

Altech CEO Iggy Tan’s Interview on the CERENERGY Definitive Feasibility Study

Chief Executive Officer Iggy Tan comments on Altech’s recently released CERENERGY DFS. Please download details and a link to the recording below.

19 Mar 2024

Altech Batteries Limited Uploaded a News Release
March 19, 2024

Altech Announces Excellent Definitive Feasibility Study for 120 MWh First Production Line CERENERGY® Battery Project

DFS Highlights:

  • Highly positive Definitive Feasibility Study (DFS) – 120 GridPacks (1MWh) pa
  • Capital cost estimated at €156 million with excellent project economics
  • Pre-tax Net Present Value (NPV9) of €169 million
  • Attractive Internal Rate of Return (IRR) of 19%
  • Steady state payback period is 3.7 years, with Annual Revenue of €106 million per annum
  • EBITDA of €51 million or margin of around 47%
  • Altech Board Decision to Proceed to Funding Phase
  • Low lifetime levelised cost of storage €0.06/kWh vs lithium-ion batteries at €0.149/kWh
  • Grid energy storage market projected to grow by 28% CAGR
  • Grant funding applications underway
  • Equity and mezzanine financing discussions in progress
  • Offtake for 5 years production in progress
13 Mar 2024

Altech Batteries Limited Uploaded a Earnings Report
March 13, 2024

Altech Batteries Publishes Half-Year Report

Altech Batteries recently published its Interim Financial Report for the Half-Year ended 31 December 2023, which can be downloaded here.

6 Feb 2024

Altech Batteries Limited Uploaded a News Release
February 6, 2024

Altech Announces Excellent Progress on ABS60 60kWh Cerenergy Battery Prototypes

Release Highlights:

  • Excellent progress with two 60 kWh battery pack prototypes
  • Pilot plant re-design at Fraunhofer IKTS Hermsdorf for prototype manufacture
  • All prototype materials have been procured from suppliers
  • Ceramic tube manufacture is 50% complete
  • Cell assembly progressing well with more than half completed
  • Low reject and defect rates experienced
  • Two battery vacuum casings delivered and undergoing heat loss testing
  • Finalization of prototypes will be mid 2024


  • Battery Technology
    • Battery Material Technology
  • Sodium

Altech Chemicals Ltd is a specialty battery technology company that has a joint venture agreement with world leading German battery institute Fraunhofer IKTS (“IKTS”) to commercialise the revolutionary CERENERGY® Sodium Alumina Solid State (SAS) Battery.

CERENERGY® batteries are the game-changing alternative to lithium-ion batteries. CERENERGY® batteries are fire and explosion-proof; have a life span of more than 15 years and operate in extreme cold and desert climates. The battery technology uses table salt and is lithium-free; cobalt-free; graphite-free; and copper-free, eliminating exposure to critical metal price rises and supply chain concerns.

The joint venture is commercialising its CERENERGY® battery, with plans to construct a 100Mwh production facility on Altech’s land in Saxony, Germany. The facility intends to produce 10,000 10Kwh CERENERGY® battery modules per annum to provide grid storage solutions to the market.

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