InvestSMART

Altech Batteries Limited (ASX:ATC)

ALERT: Price-sensitive ASX Announcement for ATC
Current share price for ATC : $0.008 -0.021 (-73.21%)+
Release
28 Jan 2026 8:10AM
Price at Release
$0.028
Full Release
download
Summary
The quarterly report for Altech Batteries Limited, as of December 2025, highlights significant advancements in its Silumina Anodesâ„¢ technology, achieving 88.5% capacity retention after 500 cycles, indicating strong performance and process stability. The company secured $6 million to further its battery projects, including the CERENERGY® and Silumina Anodesâ„¢, and is actively seeking strategic partners for commercialization. Altech also reported cash and cash equivalents of $2.4 million at the end of the quarter, with a focus on financial sustainability and strategic refocus after board changes. The company decided to discontinue its partnership with AMPower to focus on its core technologies.
Key Points
  • Altech achieved 88.5% retention for Silumina Anodesâ„¢ after 500 cycles.
  • Secured $6 million for advancing battery projects.
  • Discontinued partnership with AMPower to focus on core technologies.
  • Reported cash and cash equivalents of $2.4 million by December 2025.
  • Strategic refocus initiated following board changes.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.