Altech Batteries Achieves 55% Energy Increase in Lithium Battery Capacity

MT Newswires Live

2024/10/17

Altech Batteries (ASX:ATC) reported a 55% surge in lithium battery anode energy capacity using its Silumina Anodes battery material technology, according to a Thursday filing with the Australian Securities Exchange.

This is an increase from the previous 30% energy capacity growth, the filing said.

The company built a pilot plant near its proposed project site to facilitate the qualification process for its Silumina Anodes product, according to the filing.

Shares rose more than 2% in morning trade on Thursday.

Price (AUD): $0.04, Change: $+0.00100, Percent Change: +2.38%

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