Altech Chemicals: Launches and registers product name Silumina Anodes

Altech Chemicals Launches and registers product name Silumina Anodes

  • Altech Chemicals (ATC) launches and registers the product name ‘Silumina Anodes’ for its alumina coated composite silicon/graphite lithium-ion battery anode material
  • Altech has been successful in applying its alumina coating technology to both silicon and particles
  • Based on this testwork, when Silumina Anodes products are combined into a lithium-ion battery, the battery will provide higher energy retention capacity by volume and weight
  • Last year, the company developed a silicon-based battery anode capable of increasing the energy retention and capacity of batteries by 30 per cent
  • On the market, Altech was up 2.17 per cent and is trading at 9.4 cents per share
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Elizabeth Warren Questions MrBeast’s Purchase of Teen Fintech Step

The senator raises concerns about the implications for youth financial services.Highlights: Senator Elizabeth Warren questions MrBeast's fintech acquisition.Warren...

NYSE Parent Invests $600M in Polymarket, Strengthening Market Position

This significant investment signals confidence in the future of predictive markets.Highlights: NYSE's parent company allocates $600M to Polymarket.Investment...

Nexi Expands SEPA Direct Debit with Danish Banks, Enhancing Payments Integration

Nexi's collaboration with Danish banks aims to strengthen payment services across Europe.Highlights: Nexi partners with several Danish banks...

Lloyds Confirms App Glitch Exposed Data of Almost Half a Million Customers

The significant data breach prompts concerns over customer privacy.Highlights: Lloyds Banking Group admits to a data breach affecting...