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Altech Batteries Limited (ASX:ATC)

ALERT: Price-sensitive ASX Announcement for ATC
Current share price for ATC : $0.002 -0.006 (-73.33%)+
Announcement
Release
31 Jul 2026 8:10AM
Price at Release
$0.008
Full Release
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Summary
Altech Batteries Limited released its quarterly activities report and Appendix 5B cash flow report for the period ending 30 June 2026. The company announced a net cash outflow from operating activities and is pursuing strategic partnerships to commercialize its CERENERGY® battery project, supported by a significant funding approval from the German government. During the quarter, Altech sold non-core land in Meckering but retained the mining lease. It also ceased operations of the Silumina AnodesTM project, liquidating Altech Industries Germany GmbH. The company has relocated its registered office and is addressing challenges with funding availability.
Key Points
  • Altech Batteries Ltd reported a net cash outflow from operating activities of $1,270,000 for the quarter ending 30 June 2026.
  • The company received a conditional funding approval from the German government for €46.7M for their CERENERGY® battery project.
  • Altech sold its Meckering land in Western Australia for $950,000, retaining the associated mining lease.
  • The Silumina AnodesTM project has been discontinued, with Altech Industries Germany GmbH entering liquidation.
  • The company is focused on advancing the CERENERGY® battery project with ongoing discussions for joint venture partnerships.
  • Altech changed its registered office to a new location in West Perth, Western Australia.
  • A total of 43,150,000 performance rights lapsed as of 30 June 2026 due to unmet conditions.
  • Estimated quarters of funding available are 0.43, indicating a need for additional capital sourcing.
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.