Altech Batteries Limited
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Daniel Raihani
- Full Time Employees
- 4
- Sector
- Process industries
- Industry
- Chemicals: specialty
- Address
- 9/17 Prowse St Subiaco WA Australia 6005
- IPO Date
- Feb 26, 2010
- Website
- altechgroup.com
- Similar Companies
- Business
- Altech Batteries Ltd (ASX:ATC) operates as a specialty battery technology company focused on developing and commercializing advanced energy storage solutions; it advances solid-state sodium chloride batteries through its CERENERGY brand, distributes sodium nickel chloride batteries for uninterruptible power supply applications, and produces Silumina Anodes comprising high-purity alumina-coated graphite and silicon particles to enhance lithium-ion battery performance with 30% higher energy density, extended cycle life, and reduced initial capacity loss; additionally, it pursues high-purity alumina production for battery materials via a planned 10,000 tpa coating facility. The company conducts operations across Australia, Germany, Malaysia, Europe, and the United States, targeting grid-scale energy storage, industrial UPS markets, electric vehicle battery materials, and defense sectors. Founded in 2007 and headquartered in Subiaco, Western Australia, Altech Batteries maintains a majority 75% ownership in its joint venture with Fraunhofer IKTS for a 120 MWh CERENERGY battery production facility at Schwarze Pumpe, Saxony, Germany. Recent strategic developments include a September 2025 collaboration with AMPower, a Chilwee Group subsidiary, to distribute Altech-branded sodium nickel chloride UPS batteries in Australia, Europe, and the US, providing immediate market entry and revenue potential ahead of CERENERGY commercialization; execution of offtake agreements with Axsol for CERENERGY GridPacks targeting NATO-linked Western defense markets; preliminary German government funding approval of €46.7 million for the CERENERGY project; ongoing construction of a Silumina Anodes pilot plant in Saxony following green accreditation and completion of preliminary engineering design; and board plus management changes announced in November 2025 alongside positive service data validation for sodium nickel chloride batteries.
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