Altech Batteries DFS: A “salt” battery that could pump out A$84m a year in EBITDA
Altech Batteries MD Iggy Tan on 4BC 3AW 2GB 6PR Bulls N Bears Report
Listen to ASX-listed Altech Batteries Managing Director Iggy Tan talk to Matt Birney on the Bulls N’ Bears Report about Altech’s remarkable salt-based batteries it says could rival lithium batteries and the roll call of advantages it has over lithium.
TO LISTEN TO THE ALTECH BATTERIES AUDIO INTERVIEW - CLICK BELOW
Altech is commercialising two pieces of technology for the burgeoning battery industry. The first is a process of coating the graphite in a lithium battery anode with silicone that it says turbo charges the energy output and battery life. The second is an alternative to lithium and vanadium batteries known as a Cerenergy battery that runs on table variety salt instead of lithium. This week Altech tabled a lovely set of numbers in a definitive feasibility study on its 56% owned Cerenergy batteries.
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