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Home > Small Caps > Altech Chemicals (ASX: ATC) cracks the silicon barrier in lithium-ion battery technology (w/ Iggy Tan)
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Altech Chemicals (ASX: ATC) cracks the silicon barrier in lithium-ion battery technology (w/ Iggy Tan)
Category: Business
Duration: 00:16:21
Publish Date: 2021-11-24 23:00:00
Description:
Altech Chemicals (ASX: ATC) managing director Iggy Tan joins Small Caps to discuss the significant breakthrough the company has made in its research and development of lithium-ion battery technology. Altech has treated silicon particles with its innovative coating technology to successfully produce and test a series of battery anode materials that have about 30% higher retention capacity compared to conventional anode materials. The tests also addressed previous challenges in using silicon for lithium-ion battery anodes, including particle swelling, first cycle capacity losses of up to 50% and rapid battery degradation, and announced “significant” improvement. A phase two research and development program is planned to improve on the 30% energy capacity retention and develop a pilot plant.
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