Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
An announcement from Altech Chemicals Limited ( (AU:ATC) ) is now available.
Altech Chemicals reported that its Silumina Anodes technology, incorporating a 5% addition of spherical alumina-coated silicon, achieved 88.5% capacity retention after 500 charge–discharge cycles, with repeated tests confirming stability and reproducibility. The anode delivers an initial capacity of 500 mAh/g—over 40% higher than commercial graphite alone—and retains 420 mAh/g after 500 cycles, which the company says can translate into longer EV driving range, lighter battery packs and improved efficiency, while its Saxony pilot plant is producing consistent, high-quality material that underpins readiness for commercial scale-up. In parallel, Altech completed a A$6 million equity placement to advance its Silumina Anodes and CERENERGY battery projects, including financing groundwork, completion of a 90 kWh prototype battery and evaluation of a 4 GWh giga-factory, and it has installed a new board following a shareholder meeting, initiating a strategic reset to sharpen the company’s focus on commercialising its core battery technologies.
The most recent analyst rating on (AU:ATC) stock is a Sell with a A$0.03 price target. To see the full list of analyst forecasts on Altech Chemicals Limited stock, see the AU:ATC Stock Forecast page.
More about Altech Chemicals Limited
Altech Chemicals Limited operates in the advanced battery materials sector, developing high-performance anode technologies and CERENERGY-branded battery systems aimed at improving energy density, efficiency and commercial viability for electric vehicles and grid-scale storage. The company is progressing pilot-scale production at its Saxony facility and is assessing large-scale manufacturing, including a proposed 4 GWh giga-factory, as it seeks to commercialise its Silumina Anodes and CERENERGY technologies.
Average Trading Volume: 7,110,553
Technical Sentiment Signal: Sell
Current Market Cap: A$80.06M
For detailed information about ATC stock, go to TipRanks’ Stock Analysis page.