ATC 8.89% 4.1¢ altech batteries ltd

Ann: German Equity Strategy Update - Altech Advanced Materials, page-22

  1. 276 Posts.
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    Hi again!
    my link from yesterday should be an info, hero, but you're happy about FYI and their pilot plant ......altech has received an invitation from saxony (black pump industrial park) to build a second plant there.
    ok here is another statement from the varta boss and the prospects which not only the electromobility concerns!

    from today,
    We need cars that emit no more CO2 "It is also "safe" that we need cars that no longer emit CO2. That's almost social consensus, "says Schein. He could also imagine, with Varta someday also produce battery cells for electric cars. His company is already researching and developing "larger cell formats for use in, for example, robots or driverless transport systems".However, Varta's "top priority" is currently expanding the manufacturing capacity for the lithium-ion batteries in the lifestyle entertainment sector. "The company's products are currently in demand by all premium headsets manufacturers worldwide, whether they are out come to the US, Europe, Korea, Japan or China. "Therefore," another speedy expansion of production and new innovations in this area is very important. ""Everyone needs lithium-ion batteries. There is enormous potential here. "Schein is "firmly convinced that we are only at the beginning of a very big boom," he told the Augsburger Allgemeine. With wireless headsets and headsets, for example, which are often used together with a smartphone, the market is "just at the beginning of development. In five, six years hardly a headset will be used with cables ", the Varta boss is sure. "Smartphones will work with many small devices. And they all need lithium-ion batteries. There is enormous potential here. "In another Varta area - Power and Energy - which produces batteries for household appliances, there is also a very high demand: "I am currently renovating my house. All craftsmen today use tools without cables and with lithium-ion batteries. Everything will be cordless in the future, in the house, in the garden, every device. Even the vacuum cleaner no longer needs a cable. "For energy storage, for example, in order to temporarily store the power of a solar system, Schein also expects" in the coming years "with a strong growing demand.""In two or three years, the first feed-in tariffs under the Renewable Energy Sources Act expire, which are limited to 20 years. Then it will be more useful and much more economical for the owners of photovoltaic systems to consume the electricity they generate instead of feeding it into the grid. For this you need an energy storage. Around 1.7 million photovoltaic plants are waiting for such a device. We are preparing for this. "- Herbert Schein, CEO VartaAccording to Schein, the fact that German politics now classifies the battery industry as a strategically important industry for the future is "very positive". After all, batteries are "the central component" in more and more devices. That makes it all the more important "to build battery cells in Europe, especially in Germany, in order to minimize dependence on suppliers in Asia."Varta is already thinking of the next generation of batteries, the solid-state battery. However, Schein is firmly convinced that "we will see a further development of the lithium-ion battery in the next 15 years or so". Finally, in the solid-state battery technology "many more basics must be clarified. So far, it is not possible to achieve larger currents, so a battery that has enough power. "The fear that important battery resources such as cobalt or lithium are scarce, Schein has as well as several others in the industry, not: "Lithium deposits are on different continents in the world" and some large lithium deposits are still "not at all touched ". However, advances in recycling technologies are also important: "The recycling process for lithium is expensive today and the clean separation of the materials is difficult to implement. This will have to change in the future as demand increases. In the future, it will be important to reuse the substances from the batteries in order to protect the environment. "Varta is also committed in this area.
    https://www.elektroauto-news.net/2019/varta-lithium-ionen-akkus-stehen-am-anfang-grossen-booms/
    we'll see what happens
 
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