Altech Chemicals Ltd (ATC) – ASX Release

Altech – HPA Market Update Lithium-Ion Battery Sector

Highlights

  • New emerging opportunity for HPA demand in the lithium-ion battery sector

  • HPA directly coated onto lithium-ion battery anode and cathode

  • Quality and consistency of HPA key for lithium-ion battery manufacturers

  • HPA pricing at ~US$40,000/tonne in Japan and South Korea

  • Altech’s proposed HPA product quality and capacity well received

Altech Chemicals Limited (Altech/the Company) (ASX: ATC) (FRA: A3Y) is pleased to provide details of recent developments and the outlook for high purity alumina (HPA) demand in the lithium-ion battery sector following its attendance at BATTERY OSAKA, a three-day international rechargeable battery exhibition held in Osaka, Japan.

BATTERY OSAKA is one of two international rechargeable battery exhibitions held in Japan each year, and is a significant event for the lithium-ion battery industry. The exhibition, now in its 5th year, attracts representatives from major lithium-ion battery manufacturers, materials suppliers and equipment suppliers that are mostly located in Japan, South Korea and China. Altech was fortunate to secure a large and predominant exhibition booth, which it manned in conjunction with Mitsubishi Corporation (Mitsubishi), Altech’s exclusive HPA offtake partner. The exhibition ran from 26 to 28 September 2018.


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