02.11.2023 Altech Advanced Materials AG  DE000A31C3Y4

EQS-News: Ongoing feasibility study for battery plant for CERENERGY® sees significantly higher annual production capacity


EQS-News: Altech Advanced Materials AG / Key word(s): Miscellaneous
Ongoing feasibility study for battery plant for CERENERGY® sees significantly higher annual production capacity

02.11.2023 / 09:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

Altech Advanced Materials AG: Ongoing feasibility study for battery plant for CERENERGY® sees significantly higher annual production capacity of 20 percent

  • Through technical optimization, the annual production capacity could be increased from previously 100 MWh for CERENERGY plant in Schwarze Pumpe to 120MWh.
  • The realized technical design optimization enables the higher production capacity without additional investment costs
  • The new performance data will be considered in pending feasibility study
  • Prototype construction of the 60KWh BatteryPack is progressing well and on schedule

Heidelberg (02.11.2023): Altech Advanced Materials AG (FRA: AMA1) will significantly expand its production capacity at the CERENERGY® solid-state sodium chloride battery production facility in Schwarze Pumpe, Saxony, Germany, to at least 120 MWh annually. Previously, the company had planned for an annual output of 100 MWh. As a result of a technical design optimization in cooperation with the joint venture partner Fraunhofer IKTS and the subcontractors involved and further tests, the plant output has now been increased by 20 percent without the need for additional investments.

Altech is currently preparing a comprehensive feasibility study for the realization of the production plant. The newly obtained results as well as all parameters such as costs, operating consumption, etc. will be completely and carefully analyzed in this study. Altech expects to publish the feasibility study in the coming months.

Uwe Ahrens, Board Member of Altech Advanced Materials AG: "We are making good progress in our production plant for CERENERGY®. Through optimized design, we have succeeded in significantly expanding production capacity without incurring additional investment costs for Altech. We are very pleased to realize a production increase of 20 percent already in the current planning phase. This shows once again that, together with our partners such as the Fraunhofer Institute IKTS, we are on the right track to develop and implement a performance-optimized production plant for our novel CERENERGY® sodium chloride solid-state battery."

CERENERGY® is a new type of solid-state sodium chloride battery for stationary operation that combines unique properties and thus represents an efficient and resource-saving alternative to currently used lithium-ion batteries. The battery, which consists of common salt, nickel and ceramics, does not require critical materials such as graphite, lithium and cobalt, which fluctuate greatly in price. All materials can be sourced from Europe, minimizing dependencies in the supply chain. The battery has a service life of over 15 years. It is non-flammable and can therefore be used in existing buildings as well as in critical infrastructure such as gas stations (e-mobility) or hospitals (emergency power supply). It can be operated outdoors under all climatic conditions without separate cooling or heating and is completely recyclable. Under full cost consideration and the daily charging cycles, it promises a cost advantage of approx. 50 percent compared to conventional lithium-ion batteries in stationary operation. An initial production plant is currently being planned in Schwarze Pumpe, Saxony. Corresponding building applications have been submitted, land acquired, and the production design drawn up. In scaling up the battery technology, the technical risks are limited as the battery chemistry is based on a proven technology and Fraunhofer has been successfully testing and operating various prototypes for more than 8 years. Currently, Altech is producing the industrial prototype of the 60kWh BatteryPack together with Fraunhofer.

About Altech Advanced Materials AG

Altech Advanced Materials AG (ISIN: DE000A31C3Y4 and DE000A31C3Z1), headquartered in Frankfurt am Main, Germany, is a holding company listed on the Regulated Market of the Frankfurt Stock Exchange. The company's objective is to participate in the market for lithium-ion batteries for electromobility through innovative and high-performance anode material based on high-purity aluminum oxide (HPA) - Silumina Anodes™. Another focus is on solid-state batteries for stationary battery applications with CERENERGY®.

For more information: www.altechadvancedmaterials.com

Altech Advanced Materials AG

Board of directors: Iggy Tan, Uwe Ahrens, Hansjörg Plaggemars

Ziegelhäuser Landstraße 3
69120 Heidelberg
[email protected]
Tel: + 49 6221 649 2482

Press contact:

Ralf Droz / Doron Kaufmann, edicto GmbH
Tel: +49 (0) 69 905505-54
E-Mail: [email protected]


02.11.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Altech Advanced Materials AG
Ziegelhäuser Landstraße 3
69120 Heidelberg
Phone: +49 (0)6221 6492482
E-mail: [email protected]
Internet: www.altechadvancedmaterials.com
ISIN: DE000A31C3Y4, DE000A31C3Z1
WKN: A31C3Y, A31C3Z
Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich
EQS News ID: 1761873

End of News EQS News Service

1761873  02.11.2023 CET/CEST


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  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 0,02 0,11 0,14 0,02 0,00 0,00 0,04
EBITDA1,2 -0,01 0,23 -0,33 -0,62 -0,73 -0,78 -1,32
EBITDA-Marge3 -50,00 209,09 -235,71 -3.100,00 0,00 0,00
EBIT1,4 -0,01 0,18 -0,41 -0,62 -0,73 -1,28 -1,35
EBIT-Marge5 -50,00 163,64 -292,86 -3.100,00 0,00 0,00 -3.375,00
Jahresüberschuss1 -0,01 0,18 -0,41 -0,62 -0,88 -1,43 1,35
Netto-Marge6 -50,00 163,64 -292,86 -3.100,00 0,00 0,00 3.375,00
Cashflow1,7 -0,10 -0,15 0,03 -1,31 -0,75 -0,69 0,00
Ergebnis je Aktie8 -0,01 0,11 -0,38 -0,24 -0,16 -0,20 -0,19
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
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Wirtschaftsprüfer: MSW

Altech Advanced Materials
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A31C3Y 5,600 Kaufen 39,55
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
0,00 10,00 0,00 -46,67
13,70 - 988,75 -54,08
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
0,00 0,00 0,00 14.08.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
07.08.2023 30.04.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-25,04% -45,77% -36,00% 17,02%
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Chemie , A31C3Y , AMA , FWB:AMA