ATC 12.1% 6.5¢ altech batteries ltd

Ann: Altech launches German language web site, page-57

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  1. 9,079 Posts.
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    Well they said the extra 1,500 tonnes for the battery market was at the request of financiers, so I would say that the Germans wanted to ensure we had a diversity of supply lines and markets to help reduce cash flow risk in the future.

    I am not sure about the extra 500 tonnes of 99.99% HPA.

    Honestly I reckon we might see somewhere around the 75-100% increase on costs. Will cost more than the increased output due to the fact that the plant will be able to produce 2 different products and has better materials.

    I would also assume that the fines for Li-ion batteries would be a bit harder to make and thus sell for a higher price. So we could be talking between $30-40k/t given from memory the pellets were selling for $30k/t.

    They should have all this information so hopefully we get an update on project metrics once plant cost is known.
 
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