The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Altech Chemicals (ATC) commences construction of its pilot plant in Germany to bring its patented Silumina Anodes technology to the market
  • The company says the pilot plant is well underway and progressing to the expected time frame
  • Additionally, the company has commenced a 10,000 tonnes per annum definitive feasibility study, which will run in parallel with the pilot plant construction
  • ATC is currently working on advancing grants for the project and has been invited to present its technology and the project to the German Federal Government
  • Shares in Altech are up 1.64 per cent to trade at 6.2 cents at 10:38 am AEST

Altech Chemicals (ATC) has commenced construction of its pilot plant to bring its patented Silumina Anodes technology to the market.

The company said the pilot plant is well underway and progressing to the expected time frame.

The pilot plant will produce 120 kilos a day of the Siluma Anodes product to then be sent to potential end users for testing.

According to Altech, the procurement of pilot plant equipment is well advanced, with all long lead items ordered.

Detailed design work is wrapping up and the Kuttner Engineering team is now focussing on the development of commissioning and operational documentation.

Additionally, the company has commenced a 10,000 tonnes per annum definitive feasibility study, which will run in parallel with the pilot plant construction.

Furthermore, Altech said it briefly introduced the Silumina Anodes project to German Federal Chancellor Olaf Scholz during his site visit.

ATC is currently working on advancing federal and state grants for the project.

It has been invited to present its technology and the project to the German Federal Government of Germany through its Special Task Force of the Chancellery.

Shares in Altech were up 1.64 per cent to trade at 6.2 cents at 10:38 am AEST.

ATC by the numbers
More From The Market Online
The Market Online Video

Market Close: ASX holds green gains and signs off in the sunshine

The ASX200 closed .6 of a per cent up with every sector finishing in the green…
The Market Online Video

Infini Resources gearing up for UAV geophys survey over Portland Creek

Infini Resources has announced its execution of an application for UAV-based geophysical surveys over its Portland…

Week 18 Wrap: Fed prompts joy and pain; modern monetary theory gains traction & Brent takes a breather

The big stories that mattered in Week 18 of 2024 – plus a selection of headlines…