ATC 3.33% 5.8¢ altech batteries ltd

Ann: Altech - Collaboration Agreement with SGL Carbon, Germany, page-27

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    sgl is developing products for electric vehicles and hydrogen electric vehicles (bmw, vw, hyundai, nio, etc.).
    And they are also trying to produce graphite for batteries.


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    SGL Carbon is one of a few manufacturers of synthetic graphite for anode materials in Europe. The company’s contribution to the IPCEI project ranges from the development of anode materials with increased performance, energy-efficient and sustainable manufacturing processes to novel recycling concepts. It also includes scaling them up to pilot scale and finally mass production. Over the project lifetime until 2028, the goal is to also establish a closed cycle for this cell component. SGL Carbon has already created a solid foundation for the project through previous investments such as the battery application laboratory at its Meitingen site. The German federal government and the Free State of Bavaria provide funding for the SGL Carbon project totaling €42.9 million, which can be drawn down over the duration of the project.



 
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