Altech Batteries Ltd, formerly Altech Chemicals Ltd (ASX:ATC), is now officially known by its new name following notification to that effect from the Australian Securities and Investments Commission.
The company proposed the name change in November to reflect the business and market segments of all three of its projects, namely:
- the CERENERGY® battery project: a 100 megawatt-hours per annum operation designed to produce the grid storage batteries of the future;
- the Silumina Anodes TM project: a 10,000 tonnes per annum hub for making alumina-coated silicon graphite anode material for batteries; and
- the high purity alumina project: a 4,500 tonnes per annum project to support today’s lithium-ion batteries and the future’s solid-state batteries.
The company said the new name was better suited for product marketing as the world transitions to the electrification of energy solutions.
The current ASX ticker of ‘ATC’ is unchanged.
Visit Altech's Investor Hub to watch video summaries and hear what shareholders have to say about the name change or simply to interact with the company.