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The latest update is out from Altech Chemicals Limited ( (AU:ATC) ).
Altech Batteries Limited has announced a significant advancement in its Silumina Anodes project, which integrates high-capacity silicon into lithium-ion batteries to achieve a 30% higher energy output and improved battery life. The company has overcome key challenges such as silicon particle swelling and capacity loss by developing a proprietary method of spherising coated silicon particles, which are then distributed within graphite voids to minimize electrode damage. The successful operation of its pilot plant in Germany marks a crucial step towards commercialisation, with high-quality coated silicon particles now ready for customer testing.
More about Altech Chemicals Limited
Altech Batteries Limited operates in the energy storage industry, focusing on the development and production of advanced battery materials. The company is known for its innovative solutions in incorporating silicon into lithium-ion batteries, aiming to enhance battery capacity and lifespan.
YTD Price Performance: -25.49%
Average Trading Volume: 1,165,277
Technical Sentiment Signal: Buy
Current Market Cap: A$76.1M
Learn more about ATC stock on TipRanks’ Stock Analysis page.