Altech Chemicals Limited (AU:ATC) has released an update.
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Altech Batteries Limited is advancing its innovative battery technology, focusing on the CERENERGY® Sodium Chloride Solid State Battery, which offers a safer and more durable alternative to lithium-ion batteries. The company is planning to build a production facility in Saxony, Germany, to support its grid storage solutions, and is also developing silicon-based battery materials to enhance electric vehicle performance. These initiatives position Altech as a key player in the evolving battery market, attracting attention from major automakers and battery suppliers.
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