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Altech Chemicals Limited ( (AU:ATC) ) has issued an update.
Altech Batteries Limited has announced a strategic refocus under a newly constituted board to accelerate the commercialization of its core battery technologies, CERENERGY® and Silumina Anodes™. The company aims to secure strategic partnerships and capital to advance these projects, which have demonstrated significant technical advancements and sustainability benefits. The board also plans to streamline operations by reassessing non-core assets and optimizing cost structures, while pursuing substantial grant funding from the German STARK program to support its CERENERGY® project.
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 Batteries Limited operates in the battery technology industry, focusing on the development and commercialization of advanced battery technologies. Their primary products include CERENERGY® Sodium Chloride Solid State batteries and Silumina Anodes™, which are designed to enhance battery performance and sustainability. The company is positioned to collaborate with established battery manufacturers and industrial technology groups to advance these technologies.
Average Trading Volume: 8,021,977
Technical Sentiment Signal: Sell
Current Market Cap: A$77.38M
Find detailed analytics on ATC stock on TipRanks’ Stock Analysis page.