Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Hans Plaggemars was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • May 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$14m free cash flow). Earnings have declined by 25% per year over the past 5 years. Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Revenue is less than US$1m (AU$111k revenue, or US$80k). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Market cap is less than US$100m (AU$26.7m market cap, or US$19.3m). Board Change • May 01
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Hans Plaggemars was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Jan 06
Altech Batteries Limited Announces Conditional Funding Approval for the Cerenergy® Sodium-Chloride Solid-State Battery Project in Saxony, Germany Altech Batteries Limited announced that binding conditional funding approval in the amount of €46.11 million has now been granted for the CERENERGY® Sodium-Chloride Solid-State battery project in Saxony, Germany. The grant approval materially de-risks project funding and supports progression toward construction of the planned 120 MWh CERENERGY® battery manufacturing facility in Saxony, Germany. The funding is being provided as part of the federal STARK program, which is supported by the Federal Ministry for Economic Affairs and Energy in cooperation with the EU. The aim of this program is to lead regions undergoing structural change into an ecologically, economically and socially sustainable future. With the approval of the funding, the project has successfully completed the second and decisive stage of the approval process. The funding covers approximately 30% of the eligible investment costs and represents a significant milestone for the construction of the planned 120 MWh CERENERGY ® battery factory in Germany. This decision underscores the importance of the innovative CERENERGY® technology, which is being developed in collaboration with the Fraunhofer Society. The Sodium-Chloride Solid-State battery offers a safe, sustainable and strategically independent alternative to lithium-ion batteries and is expected to play an important role in future stationary energy storage solutions - especially for the European market. As is customary for projects of this size, the funding commitment is subject to final financial close of the CERENERGY® battery project by June 2026 and budgetary approval of the funds in the 2026 federal budget. Annonce • Oct 14
Altech Batteries Limited has filed a Follow-on Equity Offering in the amount of AUD 6 million. Altech Batteries Limited has filed a Follow-on Equity Offering in the amount of AUD 6 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 133,333,334
Price\Range: AUD 0.045
Discount Per Security: AUD 0.0027
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Annonce • Oct 01
Altech Batteries Limited, Annual General Meeting, Nov 25, 2025 Altech Batteries Limited, Annual General Meeting, Nov 25, 2025. Board Change • Aug 18
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Hans Plaggemars was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Annonce • Jun 20
Altech Batteries Limited Announces Board Changes, Effective 30 June 2025 Altech Batteries Limited announced that Mr. Luke Atkins has made the decision to retire and accordingly will resign as a Director and Chairman of the Board, effective 30 June 2025. Mr. Atkins, the founding Chairman, has played an instrumental role in the Company's evolution, overseeing its transformation from a junior diversified minerals explorer into the innovative battery technology company it is today. His leadership has been pivotal in driving the Company's strategy and establishing its position in the growing energy storage sector. The Board of Directors further announced that current Non-Executive Director Mr. Dan Tenardi will be appointed Chairman of the Board, effective 30 June 2025. Mr. Tenardi has been a valued member of the Board, and his experience and insight will be invaluable in guiding the Company through its next phase of growth and innovation. Annonce • Feb 28
Altech Batteries Limited (ASX:ATC) signed a letter of intent to acquire remaining 25% stake in Altech Energy Holdings GmbH AND Altech Industries Germany GmbH from Altech Advanced Materials AG (DB:AMA) for AUD 23.9 million. Altech Batteries Limited (ASX:ATC) signed a letter of intent to acquire remaining 25% stake in Altech Energy Holdings GmbH AND Altech Industries Germany GmbH from Altech Advanced Materials AG (DB:AMA) for AUD 23.9 million on February 28, 2025. As consideration for the Acquisitions, and subject to shareholder approval, Altech Batteries Limited will issue to Altech Advanced Materials approximately 532 million fully paid ordinary shares, resulting in AAM holding 21% of Altech’s issued share capital post Acquisitions. Based on the volume weighted average price (VWAP) of Altech Batteries Limited shares being AUD 0.044 over the 15 trading days prior to this announcement, the total consideration offered is valued at AUD 23.3 million. The shares proposed to be issued to Altech Advanced Materials will be subject to a voluntary escrow period of 12 months from the date of issue. The Acquisition is still subject to several conditions precedent, including the approval of the Acquisitions by shareholders at the General Meetings of Altech Advanced Materials and Altech Batteries Limited. Post Acquisitions, Altech will own 100% of the Silumina Anodes Project and 75% of the CERENERGY Battery Project, with Fraunhofer as 25% joint venture partner. Uwe Ahrens continuing as Managing Director of Altech Advanced Materials till December 2025. Altech Advanced Materials Supervisory Board and Altech Batteries Limited approved the transaction. Altech will continue working closely with AAM to finalise definitive agreements and complete all required regulatory and shareholder approvals.
The completion of the Acquisitions is subject to 1) All necessary regulatory approvals, 2) Approval from the Australian Treasurer under the Foreign Acquisitions and Takeovers Act 1975 (Cth), if required. 3) Approval by Altech Advanced Materials shareholders meeting, 4) Execution of an escrow deed between Altech Batteries Limited and Altech Advanced Materials regarding the voluntary escrow conditions. Board Change • Feb 04
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 6 highly experienced directors. 2 independent directors (4 non-independent directors). Independent Non-Executive Director Hans Plaggemars was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Dec 24
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 6 highly experienced directors. 2 independent directors (4 non-independent directors). Independent Non-Executive Director Hans Plaggemars was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Annonce • Nov 22
Altech Batteries Limited has completed a Follow-on Equity Offering in the amount of AUD 4 million. Altech Batteries Limited has completed a Follow-on Equity Offering in the amount of AUD 4 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 66,666,667
Price\Range: AUD 0.06
Discount Per Security: AUD 0.0036
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Annonce • Nov 15
Altech Batteries Limited has filed a Follow-on Equity Offering in the amount of AUD 4 million. Altech Batteries Limited has filed a Follow-on Equity Offering in the amount of AUD 4 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 66,666,667
Price\Range: AUD 0.06
Discount Per Security: AUD 0.0036
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Annonce • Oct 21
Altech Batteries Limited, Annual General Meeting, Nov 26, 2024 Altech Batteries Limited, Annual General Meeting, Nov 26, 2024. New Risk • Oct 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 16% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 67% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Share price has been volatile over the past 3 months (16% average weekly change). Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (AU$105.5m market cap, or US$72.8m). New Risk • Sep 28
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 67% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (AU$69.7m market cap, or US$48.1m). Annonce • Aug 14
Altech Batteries Limited has completed a Follow-on Equity Offering in the amount of AUD 0.405 million. Altech Batteries Limited has completed a Follow-on Equity Offering in the amount of AUD 0.405 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 10,125,000
Price\Range: AUD 0.04
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Annonce • Apr 17
Altech Batteries Limited has filed a Follow-on Equity Offering in the amount of AUD 5 million. Altech Batteries Limited has filed a Follow-on Equity Offering in the amount of AUD 5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 76,923,077
Price\Range: AUD 0.065
Security Features: Attached Options New Risk • Aug 26
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$9.2m free cash flow). Revenue is less than US$1m (AU$35k revenue, or US$22k). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (AU$113.6m market cap, or US$72.8m). New Risk • Jul 24
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$9.2m free cash flow). Revenue is less than US$1m (AU$35k revenue, or US$23k). Minor Risks Shareholders have been diluted in the past year (3.0% increase in shares outstanding). Market cap is less than US$100m (AU$105.8m market cap, or US$71.2m). Annonce • Feb 07
Altech Chemicals Limited Announces Update on its Silumina Anodes Pilot Plant Project in Saxony, Germany Altech Chemicals Limited announced an update on its Silumina Anodes pilot plant project in Saxony, Germany, as well as an update on the Definitive Feasibility Study for the planned Silumina Anodes 10,000tpa plant. The Company announced its game-changing technology of incorporating high-capacity high-purity alumina- coated silicon and graphite in lithium-ion batteries, and recently completed a Preliminary Feasibility Study for the construction of a 10,000tpa Silumina Anodes plant in Saxony, Germany, that includes an NPV of USD 507 Million. Altech is in a race to get its patented technology to market. To support the development, Altech has commenced construction of a pilot plant adjacent to the proposed project site to enable the qualification process for its Silumina Anodes product. Altech is pleased to advise that the construction of the Silumina Anodes pilot plant is progressing well and as planned. The pilot plant's front end, known as the wet circuit, is progressing well. The necessary infrastructure including power supply, building modifications, laboratory, and front-end wet circuit are nearing completion. The pilot plant is being housed in an existing building in Dock at Schwarze Pumpe, with the required building modifications and electrical panel infrastructure construction completed in the last quarter. Fabrication of the back-end of the pilot plant, including the coating equipment, dryer, and calciner (longer lead times) is currently underway in South Africa and Europe. Whilst some back-end items such as the silicon carbide linings are being expedited, Altech anticipates that the final items will be installed and commissioned by Third Quarter this year. Altech's pilot plant personnel have been recruited and trained in Germany, ready for the commissioning and start-up phase of the pilot plant. The commissioning of the front end of the pilot plant is currently underway. Aluminium chloride feedstock digestion, which will be used for the alumina coating process, will be commissioned in the subsequent weeks. The Kuettner engineering team is now focused on the development of commissioning and operational documentation. The pilot plant is designed to produce 120kg per day of the Silumina Anodes product, which will then be provided to selected potential end users for product testing. In anticipation of the pilot plant being commissioned, Altech is progressing with the Silumina Anodes 10,000tpa DFS by completing the phase 1 process definition. The DFS is running in parallel with the pilot plant construction, with Kuettner's detailed design team having transitioned from the pilot plant design to the DFS study. The mass and energy balance has been finalised, allowing for the progression of layouts and sourcing of production-scale vendor equipment to commence. Altech also appointed ARIKON Infrastruktur GmbH (Arikon) to manage the approval process, site infrastructure requirements, and the balance of the plant. Arikon will be responsible for managing the application process and working with relevant regulatory bodies to obtain all necessary approvals for the project. This includes securing necessary permits and licenses, coordinating with local authorities, and arranging utility connections. Additionally, Arikon will be responsible for designing the site infrastructure requirements for the site. Annonce • Jan 25
Altech Chemicals Limited Provides an Update on Its CERENERGY Battery Joint Venture with Fraunhofer IKTS Altech Chemicals Limited provided an update on its CERENERGY battery joint venture with Fraunhofer IKTS. On 14 September 2022, Altech executed a Joint Venture Shareholders' Agreement with the world-leading German battery institute Fraunhofer to commercialise Fraunhofer's revolutionary CERENERGY Sodium Alumina Solid State (SAS) battery. On 26 October 2022, Altech appointed leading German company Leadec Automation & Engineering GmbH (Leadec) as the lead engineer for the Definitive Feasibility Study in relation to its CERENERGY 100MWh battery project. On 7 November 2022, Altech announced that it had designed and launched the CERENERGY SAS 60 KWh battery pack (ABS60) designed for the renewable energy and grid storage market. Since then, there has been outstanding progress and advancement of the CERENERGY project. During this period, two critical expert workshops were held on 13-14 October 2022 and 8 December 2022, at Altech's site in Schwarze Pumpe, Germany. The workshops were attended by Altech personnel, Leadec's process and automation engineering team, and the Fraunhofer CERENERGY expert battery team. The workshops were headed and led by Managing Director Iggy Tan with the objective to bring forward detailed design requirements as well as efficient industrial production plant design. The team was able to finalise the design basis for the 100MWh battery with the production of the 60-kilowatt hour (KWh) ABS60 battery packs amounting to 1,666 packs per annum. The Fraunhofer experts have been involved in technical information transfer so as to ensure an optimal production process and progressing thermal modelling of the 60 KWh ABS60 battery packs to optimise the battery pack casing design and battery management systems. Leadec, the lead engineering company, is currently developing technical specifications for potential suppliers to quote on. A preliminary layout of the battery plant and site layout has been completed. Major milestones have been achieved in a very short period of time. As part of the workshops, potential equipment suppliers recommended by Fraunhofer were invited to present their proposals in terms of technical capabilities, cost and timelines. The key equipment suppliers have now been finalised and are being integrated to work closely with the various project teams. During the period, Altech also appointed ARIKON Infrastruktur GmbH (Arikon) to manage the approval process, site infrastructure requirements, and balance of plant for the CERENERGY SAS battery facility. Arikon will be responsible for managing the application process and working with relevant regulatory bodies to obtain all necessary approvals for the project. This includes securing necessary permits and licenses, coordinating with local authorities and arranging utility connections. Additionally, Arikon will be responsible for designing the site infrastructure requirements for the site. On the marketing front, Altech's business development team is communicating with potential customers that have expressed interest in the supply of CERENERGY batteries and the technology. This includes a leading German energy producer that has expressed an imminent requirement to secure energy storage solutions. As the world transitions from a fossil fuel economy to a sustainable energy economy, scale and ramp up of battery storage solutions are required. Altech is aiming to secure off-take interest as part of the DFS as support for funding the project. On the finance front, Altech is exploring various grant schemes within Germany at state and federal level as well as the EU, to support financing the project. Altech has also held discussions with leading European banks in preparation for the funding stage. Recent Insider Transactions • Nov 24
Non-Executive Director recently sold AU$614k worth of stock On the 15th of November, Yaacob Khyra sold around 6m shares on-market at roughly AU$0.099 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Non-Executive Director Hans Plaggemars was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Non-Executive Director Hans Plaggemars was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 