Altech - Silumina Anodes Project Discontinued
Filed with ASX · · 3 pages · English
Summary by 6ix AI
Altech Batteries Limited has announced the discontinuation of its Silumina Anodes project after approximately six years of operation due to a lack of sales and positive feedback from potential partners. The Board determined that the project would not provide benefits to shareholders and has decided to place Altech Industries Germany GmbH into liquidation. The company will now focus on the commercialization of its CERENERGY battery project, with ongoing discussions with potential joint venture partners.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Altech Batteries Limited on 6ix
Story so far
Earlier from Altech Batteries
- Quarterly Activities/Appendix 5B Cash Flow Report
- Altech - CERENERGY Project Secures German Grant Approval
- Altech - Strategic Direction to Discontinue with AMPower
- Altech - Board Renewal and Strategic Focus
- Altech - Board and Management Changes
Later from Altech Batteries
- Altech - Sale of Meckering Land
- Altech - Extension of Grant Deadline for Project Finance
- Altech - Discontinuation of CERENERGY Project
- Reinstatement to Quotation
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