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Altech Chemicals Limited (ATC.AX)

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    Altech eyes lithium-ion battery market in silicon deal

    Altech Chemicals, has linked up with an international silicon powder supplier to collaborate on the development of a long-life silicon anode active material intended for use in lithium-ion batteries. Spain-based Silicio FerroSolar, part of the global Ferroglobe group, produces high purity-grade silicon found in a growing list of applications and is developing tailor-made silicon powders for the anode of lithium-ion batteries.

    Tue, 10 November 2020 9:51AM
    Matt Birney
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    Altech Chemicals (ATC) has signed a collaboration agreement with leading silicon producer Silicon Ferrosolar.

    This agreement will see both companies work together to develop a high capacity, long cycle life silicon active material for lithium-ion (li-ion) batteries.

    Silicon Ferrosolar has the technology to produce high purity silicon and is developing tailor-made silicon powders for li-ion battery anodes.

    Under the agreement, Altech could potentially use its high purity alumina (HPA) and coating technology to coat particles designed by Silicon Ferrosolar.

    Altech is currently developing Anode Grade HPA and coating technology to apply to particles used in li-ion batteries. This coating improves the performance, longevity and safety of batteries.

    Additionally, Altech will fund the testwork and supply the coating technology.

    The agreement will run for one year and if any party chooses to terminate, 30 days notice must be given.
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    hidden gem
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    I'm thinking this is a buy already...
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