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What Are the Key Findings of Altech's Definitive Feasibility Study for the Silumina Anodes Project? — ASX:ATC| ASX Mining News & Discussion
L
Lykeshares
2y
Official
$ATC
What Are the Key Findings of Altech's Definitive Feasibility Study for the Silumina Anodes Project?
Altech’s Breakthrough in Battery Technology: The Silumina Anodes™ Project
Altech Batteries Limited (ASX: ATC and FRA: A3Y), a burgeoning name in lithium battery technology, has announced the results of a Definitive Feasibility Study (DFS) for its Silumina Anodes™ project. Located in Saxony, Germany, this project is set to revolutionize the electric vehicle and grid storage battery market in Europe and the U.S. with its unique alumina-coated metallurgical silicon product.
Project Highlights and Economic Viability
Production Capacity: The project aims to produce 8,000 tpa (tonnes per annum) of alumina-coated metallurgical silicon.
Capital Investment and Returns: With an estimated capital cost of €112 million, the project boasts a pre-tax net present value (NPV10) of €684 million and an attractive internal rate of return (IRR) of 34%. The payback period is estimated at 2.4 years.
Revenue Forecast: The total annual revenue at full production capacity is
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projected to be €328 million per annum.
Expansion and Growth Forecast: The project expects a compound annual growth rate (CAGR) of 18% in the silicon battery anode market until 2035.
Technological Breakthrough and Market Implication
Altech’s Silumina Anodes™ technology represents a significant advance in lithium-ion battery performance. The alumina-coated silicon anodes are expected to increase battery energy density by at least 30%, addressing the critical challenge of silicon's volumetric expansion during charging. This breakthrough could pave the way for higher-density, faster-charging, and longer-lasting batteries, particularly benefiting the electric vehicle market.
Sustainability and Green Credentials
The project is recognized as a green initiative, using renewable energy sources and aiming for near-zero Scope 1 and 2 emissions. It has received a “Medium Green” rating from CICERO, confirming its alignment with green bond principles and potential for future green bond financing.
Strategic Partnerships and Customer Engagement
Altech has executed non-disclosure agreements (NDAs) with two German automakers, two U.S. automakers, one U.S. battery materials supply company, and one European battery maker. These partnerships underscore the industry's interest in Altech’s Silumina Anodes™ technology.
Pilot Plant and Product Qualification
The pilot plant, in its final stages of construction, is crucial for product qualification with prospective clients. It will produce 120kg per day of coated battery anode material for testing and validation by various automakers and battery manufacturers.
Project Location and Infrastructure
The Silumina Anodes™ plant will be situated in the Schwarze Pumpe Industrial Park in Saxony, Germany. The strategic location benefits from proximity to key markets and aligns with the EU's stringent environmental regulations.
Financial Analysis and Market Opportunity
Altech’s DFS presents a robust financial model, with substantial EBITDA and net margins projected. The demand for silicon in lithium-ion battery anodes, driven by the electric vehicle revolution and advancements in battery technology, presents a significant market opportunity for Altech.
Altech’s Silumina Anodes™ project stands at the forefront of lithium-ion battery technology advancement. With its groundbreaking alumina-coating technology, sustainable production methods, and strong industry partnerships, Altech is well-positioned to become a key player in the rapidly growing battery materials market, contributing to the evolution of the electric vehicle and renewable energy sectors.
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L
Lykeshares
147d
Official
Berkshire is hoarding so. much. cash.
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L
Lykeshares
147d
Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.
There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can
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rush, it’s a complex, slow-moving process that takes years of precision and experience.
Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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L
Lykeshares
178d
Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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L
Lykeshares
1y
Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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L
Lykeshares
1y
Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares
1y
Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares
1y
Official
$ASN
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
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