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Altech Chemicals Ltd (ATC.AX) Battery Materials R Laboratory Established

·3-min read
Altech Chemicals Ltd
Altech Chemicals Ltd

Altech Chemicals Ltd (ATC.AX) Battery Materials R&D Laboratory Established

Perth, Australia, July 5, 2021 - (ABN Newswire) - Altech Chemicals Limited (ASX:ATC) (HAM:A3Y) is pleased to announce that it has established its own research and development laboratory in Perth, Western Australia. The laboratory, which was previously occupied by an environmental consulting business, was easily converted to meet Altech's requirements.

The laboratory has been in a commissioning phase since May 2021, and is close to finalisation. With its own laboratory, Altech can now conduct a full range of research, development and test work (including battery tests) to refine its graphite and silicon particle battery materials HPA coating technology, unhindered. Previously this work was being conducted at Curtin University (WA) and needed to be scheduled around laboratory availability, which did not always fit with Altech's requirements.

Altech staff and a part-time consultant that were previously located at its Subiaco office in Perth are manning the laboratory, plus a casual laboratory assistant has been engaged. The first samples of battery materials have now arrived at the laboratory and various rounds of development tests are commencing. Another round of half-cell battery performance tests is also planned - to further test the performance of graphite and silicon particles that have been coated with alumina, using Altech's proprietary technology.

To view photographs, please visit:
https://abnnewswire.net/lnk/JU31234H


About Altech Chemicals Ltd:


Altech Chemicals Limited (ASX:ATC) (FRA:A3Y) is aiming to become one of the world's leading suppliers of 99.99% (4N) high purity alumina (Al2O3) through the construction and operation of a 4,500tpa high purity alumina (HPA) processing plant at Johor, Malaysia. Feedstock for the plant will be sourced from the Company's 100%-owned kaolin deposit at Meckering, Western Australia and shipped to Malaysia.

HPA is a high-value, high margin and highly demanded product as it is the critical ingredient required for the production of synthetic sapphire. Synthetic sapphire is used in the manufacture of substrates for LED lights, semiconductor wafers used in the electronics industry, and scratch-resistant sapphire glass used for wristwatch faces, optical windows and smartphone components. Increasingly HPA is used by lithium-ion battery manufacturers as the coating on the battery's separator, which improves performance, longevity and safety of the battery. With global HPA demand approximately 19,000t (2018), it is estimated that this demand will grow at a compound annual growth rate (CAGR) of 30% (2018-2028); by 2028 HPA market demand will be approximately 272,000t, driven by the increasing adoption of LEDs worldwide as well as the demand for HPA by lithium-ion battery manufacturers to serve the surging electric vehicle market.

Contact:

Corporate
Iggy Tan
Managing Director
Altech Chemicals Limited
Tel: +61-8-6168-1555
Email: info@altechchemicals.com

Shane Volk
Company Secretary
Altech Chemicals Limited
Tel: +61-8-6168-1555
Email: info@altechchemicals.com

Investor Relations (Europe)
Kai Hoffmann
Soar Financial Partners
Tel: +49-69-175-548320
Email: hoffmann@soarfinancial.com

Source:
Altech Chemicals Ltd

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