THE BOURSE WHISPERER: Altech Chemicals (ASX: ATC) via its 75 per cent-owned German subsidiary, Altech Industries Germany, has commenced a pre-feasibility study (PFS) for construction of a battery materials high purity alumina (HPA) coating plant in Saxony, Germany.
The PFS will assume a phase 1 coating plant designed with the capacity to coat 10,000 tonnes per annum (35 tonnes per day) of anode graphite, using Altech’s alumina coating technology.
“HPA is commonly applied as a coating on the separator sheets used within a lithium-ion battery, as alumina coated separators improve battery performance, durability and overall safety,” Altech Chemicals explained in its ASX announcement.
“However, evolving demand for alumina within the anode component of the lithium-ion battery has been identified because of the potential positive impacts that alumina coated graphite and silicon particles may have on lithium-ion battery life and performance.”
The study will assume the use of 100 per cent renewable power from the local grid with some minor on-site solar generation for buildings.
The design will target green project status.
It is planned that once the PFS is completed, the project will be accessed for green accreditation by the Centre of International Climate and Environmental Research (CICERO), Norway.
TO READ THE FULL ANNOUNCEMENT: CLICK HERE