Ann: Altech - Collaboration Agreement with leading Silicon Co, page-3

Evening all,

Does everyone expect an extension to the Silicon collaboration agreement, or some initial data now we are on the cusp of the 1 year anniversary?



Altech is developing Anode Grade HPA and coating technology for the purpose of applying the coating to graphite particles that are typical of those currently used in the anode of the Li-ion battery. Both companies believe that the same technology can be applied to Silicon Co’s Li-ion battery silicon powders. Under the collaboration agreement, both companies will analyse the possibility of using Altech’s HPA and technology to coat specifically designed silicon particles supplied by the silicon company. Altech will supply the coating technology and sole fund the test work.

Key terms of the agreement Parties: Altech Chemicals Limited and Silico Ferrosolar, S.L.U
Term: 1 year
Termination: 30 days notice
Development Costs: Altech Chemicals Limited