New Market Perspective
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

New Market Perspective

Investing

Analyst Firm Cites Altech’s ‘Revolutionary’ Battery Tech as Basis for Valuation Upside

by admin February 21, 2024
February 21, 2024
Analyst Firm Cites Altech’s ‘Revolutionary’ Battery Tech as Basis for Valuation Upside

Description:

Australian analyst firm East Coast Research has given Altech Batteries (ASX:ATC,FRA:A3Y) a valuation range of AU$0.15 to AU$0.21 cents per share, a 188.8 percent upside from its current share price of $0.06 cents. This is based on Altech’s highly promising Silumina Anodes battery technology project.

Based in Perth, Australia, Altech is advancing the commercialization of two groundbreaking battery technologies in Germany: the Silumina Anodes and the CERENERGY batteries. The Silumina Anodes boost the energy capacity of lithium-ion batteries by combining silicon particles with regular battery grade graphite, producing an electrode that can hold 30 percent more energy than conventional graphite-only anode.

CERENERGY, meanwhile, is designed for the grid storage battery market, with a lifespan of almost twice that of lithium-ion batteries and less production cost.

East Coast Research’s valuation of Altech is only based on the value of the Silumina project and does not take into account the valuation from the CERENERGY project, which can also offer a significant upside potential on the company’s valuation.

“Although still speculative from an investing point of view, Altech’s revolutionary projects put it among the pioneers in commercialising innovative battery technologies, which are in soaring demand as the global push towards decarbonisation of economies continues to change the way we live,” the East Coast Research report said.

Highlights of the report:

The Silumina Anode technology boosts lithium-ion batteries’ energy capacity. Due to the escalating demand for EVs and the rivalry between EV manufacturers to produce higher range EVs, Research Nester projects the silicon-based anode market to experience a compound annual growth rate (CAGR) of approximately 48 percent from 2024 to 2036, reaching a massive size of US$137 billion by the end of 2036.The CERENERGY solid state battery technology’s high potential in the growing grid storage market. This low-cost technology addresses some of the challenges currently present in lithium-ion batteries, such as flammability, limited voltage and poor cycling performance. As the expanding renewable energy market results in a rising demand for more grid storage capacities, the worldwide market for battery energy storage is projected to grow by a CAGR of more than 30 percent by 2028.

For the full analyst report, click here.

This content is intended only for persons who reside or access the website in jurisdictions with securities and other applicable laws which permit the distribution and consumption of this content and whose local law recognizes the scope and effect of this Disclaimer, its limitation of liability, and the legal effect of its exclusive jurisdiction and governing law provisions [link to Governing Law section of the Disclaimer page].

Any investment information contained on this website, including third party research reports, are provided strictly for informational purposes, are general in nature and not tailored for the specific needs of any person, and are not a solicitation or recommendation to purchase or sell a security or intended to provide investment advice. Readers are cautioned to seek the advice of a registered investment advisor regarding the appropriateness of investing in any securities or investment strategies mentioned on this website.

This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
Key Milestone of 99.99% (4N) High Purity Alumina (HPA) Achieved at the Lake Hope Project, WA
next post
PDAC 2024: Here’s What You Need to Know

Related Posts

RecycLiCo Battery Materials

April 2, 2024

Cleo’s Ovarian Cancer Blood Test Outperforms Current Clinical...

May 29, 2024

Lithium Universe Limited (ASX: LU7) – Trading Halt

September 20, 2024

How Will the Inflation Reduction Act Impact the...

February 1, 2024

SAGA Metals Announces Commencement of Exploration Program by...

August 16, 2024

Gold Grades Continue to Impress at Northern Zone...

September 2, 2024

Rio Tinto Shares Initial Resources and Ore Reserves...

December 9, 2024

A$14 Million Capital Raise for Continued Ongoing Development...

May 20, 2024

Scott Melbye: Uranium Still in Early Innings, Historic...

March 15, 2024

LaFleur Minerals Provides Update on Beacon Mill Restart,...

March 21, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • UK police make second arrest in connection with fires linked to PM Starmer

      May 18, 2025
    • Deported mom says toddler’s return to Venezuela after separation by US authorities was a ‘miracle’

      May 18, 2025
    • Duterte scores landslide win in local elections. But can he be mayor from The Hague?

      May 18, 2025
    • Austria’s JJ wins Eurovision 2025 with ‘Wasted Love’

      May 18, 2025
    • How Pope Leo dealt with years of abuse allegations in a powerful Catholic society in Peru

      May 18, 2025
    • The popemobile, a signet ring and a ‘betrothal:’ How Pope Leo’s inauguration will unfold

      May 18, 2025

    Popular

    • 1

      10 Top Oil-producing Countries (Updated 2024)

      October 19, 2024
    • 2

      Powered by rain, this seed carrier could help reforest the most remote areas

      December 19, 2023
    • 3

      A troubling theory about traders profiting from Hamas’ attack on Israel drew much attention. Why it may not be so simple.

      December 13, 2023
    • 4

      Americans are starting to feel better about the economy and inflation

      December 13, 2023
    • 5

      Rare Earths Stocks: 8 Biggest Companies in 2024

      January 12, 2024
    • 6

      Top 10 Uranium-producing Countries (Updated 2024)

      April 18, 2024
    • 7

      Investing in Graphene Companies

      May 9, 2024

    Categories

    • Business (1,322)
    • Investing (3,124)
    • Politics (4,105)
    • World (4,057)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: newmarketperspective.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 newmarketperspective.com | All Rights Reserved