Great Post Eggboy , Time is of the essence with just 7 days to exercise your options or buy cheap ADO shares , cheap shares will end at the end of the month when the selling pressure ends to excursive the options , if there is another battery deal or a by partisan Polly photo shoot handing over a grant at Anteotec's Brisbane head quarters its off to the races , in my opinion its a great time to buy.
‘Time is of the essence’
While China currently leads the world in downstream processing of battery raw materials, countries like the US is looking to change that with its Inflation Reduction Act.
Here in Australia, Federal Minister for Science and Industry Ed Husic
recently announced the consultation for the country’s first National Battery Strategy as the market for next-generation batteries looks to grow 10-fold over the next decade.
“This is a once in a lifetime opportunity and speed is of the essence,” Radford said.
“The production of high silicon anodes with IP and the use of the raw materials in Australia is a fantastic opportunity and there are multiple ways to look at this.
“If you look at the part of the ecosystem within which we operate, which is high silicon anodes, down the track we could create a partnership with one of these Australian silicon companies, to buy their processed raw materials and produce the anodes in Australia and ship them offshore,” Radford explained.
“If the government wants to support it, we are delighted to be part of it but you don’t have to do all of the steps to produce a battery to be adding a lot of value to the economy – I hope we don’t get bogged down in saying we have to have the whole ecosystem here because that is going to take an awful long time.”
AnteoTech’s solution
Brisbane-based company
AnteoTech (ASX:ADO) is developing additives and advanced binder technology to boost the performance of silicon containing anodes.
Its AnteoX technology has been recognised as an emerging leader within the battery manufacturing and battery storage space after winning the Renewable Energy Award and the Australian Technologies Competition in December 2022.
According to ADO, AnteoX is a powerful additive that reinforces battery binders and helps maximise the performance of silicon containing anodes through increasing capacity, extending cycle life, thus enabling lighter and more compact high energy lithium-ion batteries to be manufactured.
The company entered into a non-binding MoU with NYSE-listed and leading binder company Trinseo Europe GmbH at the end of February to develop a program which incorporates the combination of AnteoX with Trinseo’s Voltabond binder for a clear path to market.
As more silicon is added to the anodes, more advanced binder solutions are needed to improve the effectiveness and efficiency of the anode with AnteoX being one such solution.
“From that perspective, Trinseo are looking at us as a product for today and obviously for the future,” AnteoTech managing director David Radford told *.
NOW READ: AnteoTech teams up with Trinseo for battery binding tech
Wyon MOU
At the other end of the battery ecosystem, AnteoTech is working with Swiss private company, Wyon AG, to drive the development and production anodes for the use in their customised, rechargeable miniature and micro batteries.
The partnership is expected to enable the commercialisation of AnteoTech’s proprietary silicon anode and work towards creating an effective supply chain of joint product offering.
Wyon’s small-sized batteries are designed to power a wide range of portable medical devices, including cochlear implants, hearing aids, insulin pumps, and pacemakers.
With the ability to be recharged and used multiple times, Radford said these rechargeable miniature and micro batteries have transformed the field of medical technology.
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