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News and Announcements

Altech Chemicals Announce HPA Demand Growth Tied to Lithium-Ion Batteries

  • Published February 23, 2016 11:24AM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

23rd February 2016, ASX Announcement

Highlights

  • Fast-emerging use of HPA in lithium-ion batteries for electric vehicles (EVs)
  • HPA use in lithium-ion battery separators is in the region of 120g per kWh
  • HPA increases discharge rates; lowers self-discharge; and lengthens life-cycles
  • HPA increases the separator’s shrinkage temperature and reduces flammability during thermal runaways
  • Altech forecasts HPA demand for lithium-ion battery separators at about 3,936tpa (China only) by 2020
  • This market segment alone can potentially absorb all of the production from Altech’s proposed 4,000tpa Malaysian HPA plant

Altech Chemicals Limited (Altech/the Company) (ASX:ATC) is pleased to provide further information on the fast growing utilisation of high purity alumina (HPA) in lithium-ion batteries. Altech recently appointed Mr Martin Ma as the Company’s sales and marketing manager in China. Mr Ma has already commenced discussions with lithium-ion battery manufacturers in China where there is considerable interest for Altech’s HPA product.

The use of HPA embedded in large format lithium-ion battery separators is growing very rapidly. HPA is used to increase the battery’s discharge rates; lower self-discharge; and lengthen life-cycles. It is also used to increase the separator shrinkage temperature and reduce flammability during thermal runaways. Lithium-ion battery producers are reporting battery usage of ~120g of HPA per kilowatt-hour (kWh).

To read the full announcement, please click here.

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