News and Announcements
High Purity Alumina Demand Driven by Lithium-Ion Batteries
- Published June 21, 2016 11:50AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
21st June 2016, ASX Announcement
Highlights:
- HPA demand for lithium-ion battery manufacture forecast to increase at 30% per year to 2025
- Demand forecast to increase from ~1,000tpa in 2016 to ~15,000tpa in 2015
- Equivalent to four (4) of Altech’s proposed HPA plants required to satisfy 2025 demand
- Electric vehicle manufacturers requiring lithium-ion batteries HPA coated separators
Following its 3 June 2016 announcement regarding the strong interest shown in Altech Chemicals Limited (Altech/the Company) (ASX: ATC) as an emerging high purity alumina (HPA) producer during the 12th China International Battery Fair, the Company is pleased to present its 10-year forecast of global demand for HPA used in the lithium-ion battery manufacturing sector.
To view the full announcement, please click on the button below.
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