ATC 1.89% 5.4¢ altech batteries ltd

posted by AAM a few minutes ago.German to English translation...

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    posted by AAM a few minutes ago.

    German to English translation app used.

    ALTECH ADVANCED MATERIALS - FASTER, HIGHER, FURTHER!For visionary companies such as Altech Advanced Materials AG from Heidelberg, it makes sense to pay great attention to the words of management. The company's success depends on them, because rarely has an innovation sold itself, except perhaps the cigarette. In any case, the "Renewable Energies Conference" of mwb research provided information about the state of affairs in the Schwarze Pumpe industrial park. CEO Uwe Ahrens dealt little with the battery finishing "Silumina Anodes" in his presentation, probably the situation in the German e-mobility business has not been quite as tingling since the service of BYD in Europe. If you follow the European Championship, you will no longer see Mercedes, BMW, Audi or Volkswagen in the gang, but the emerging Chinese group "Build your Dreams" (BYD) in the best camera pose next to the supermarket chain Lidl. It is precisely the small signs that aptly describe the state of Germany as an industrial location.Investors have heard a lot in the mwb online conference on innovation "Cerenergy". The feasibility study is completed and all internal plans for the production structure of the solid-body battery based on sodium chloride have been completed. We want to become the world market leader in this area! According to the boss - only a capital requirement of almost EUR 180 million remains for the implementation of the project. Altech would like to raise this in the next few months from a mixture of support shares, debt capital and, if necessary, equity capital, whereby the dilution should remain as small as possible. It is supposed to be a Green Bond that covers the main expenses, then the first batteries could roll off the line as early as 2026. On the acceptance side, players such as EnergieSachsen or LEAG are already being negotiated today.Sounds promising, because analysts expect strong growth for the global network storage market of an average of 28% per year by 2040. Altech could really trump here as a German niche player. Finally, all young shares in the main category are now also tradable. A total of 7.542 million pieces have been in circulation since last week, the market capitalisation is around EUR 33 million. With this setup, Altech remains a promising, German battery and GreenTech story with great potential for risk-conscious investors.
 
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