Altech Batteries Limited · ASX:ATC
Altech Batteries — Investor Presentation (November 2022)
39 slides from Altech Batteries's investor presentation, Nov 8, 2022
Slide 1: Altech Group: Grid Battery of the Future
For personal use only Altech Group Grid Battery of the Future Iggy Tan Managing Director
Slide 2: Lithium-ion battery structure
For personal use only Flammable - Separator + - + Graphite Lithium Copper Lithium-ion Cathode Cathode Anode Battery Anode Cobalt Solid state electrolyte Liquid electrolyte Flammable Altech Chemicals Limited ASX : “ATC” FRA : “A3Y”
Slide 3: Challenges with LIB: Safety issues
For personal use only • Safety issues • Thermal runaway, fire, explosion • Over heating, physical damage, over charging Challenges • Flammable organic electrolyte and separator with LIB • Self generates oxygen - cathode • Nearly impossible to put out Fire Explosion Altech Chemicals Limited ASX : “AT
Slide 4: Challenges with LIB: Narrow operating temperature range
For personal use only • Temp range +15oC to +35oC • Narrow operating range • Liquid electrolyte viscous – slows lithium Challenges with reactions LIB • @ 0oC capacity reduced to 70% cold/desert • Unsuitable in cold and desert climates climates Altech Chemicals Limited ASX : “ATC” FRA : “A3Y”
Slide 5: Challenges with LIB: Battery lifespan
For personal use only • Li-ion degrades – each cycle • Detrimental side reactions, dendrite formation • Most EV guarantee 8 years of battery life (70%) Challenges • Degrade faster outside operating temps with LIB • Grid storage lifespan 7-10 years expected1 Battery Lifespan 1. Life Prediction Model
Slide 6: Challenges with LIB: Lithium Prices
For personal use only Challenges with LIB Lithium Prices Altech Chemicals Limited ASX : “ATC” FRA : “A3Y”
Slide 7: Challenges with LIB: Ethical Cobalt Supply
For personal use only • 70% of world cobalt supply from DRC • Demand is expected to surge to 220,000 mt by 2025 • Child labour issues • Ethical supply chain concerns for industry Challenges with LIB Ethical Cobalt Supply Altech Chemicals Limited ASX : “ATC” FRA : “A3Y”
Slide 8: Challenges with LIB: Graphite Supply
For personal use only • China produces 90% LIB graphite material • Geo political supply chain risk • Environmental & social governance concerns Challenges with LIB Graphite Supply Altech Chemicals Limited ASX : “ATC” FRA : “A3Y”
Slide 9: Challenges with LIB: Looming Copper Crunch
For personal use only Challenges • Copper is a high priced metal with LIB • EV vehicle requires 2.5 times more copper ICE Looming Copper • There simply aren’t enough copper mines being built Crunch • Not enough copper needed for 27 million EVs Altech Chemicals Limited ASX : “ATC” FRA : “A3Y”
Slide 10: Is such a battery even possible?
For personal use only Lithium Free? Fire Proof ? Cobalt Free? Large Temp Range ? & Graphite Free? Challenges > 15 years life ? with LIB Copper Free? Is such a battery even possible ? Altech Chemicals Limited ASX : “ATC” FRA : “A3Y”
Slide 11: Introducing SAS Batteries
Introducing For personal use only SAS Batteries
Slide 12: For personal use only
For personal use only Altech Chemicals Limited ASX : “ATC” FRA : “A3Y”
Slide 13: SAS Batteries: Fire Proof
For personal use only • No volatile flammable electrolyte • Does not contain plastic separator • Replaced with ceramic tube (solid state) • Thermal runaway not possible SAS Batteries • Does not generate oxygen in cathode Fire Explosion • Safe in flooding and sensitive environments Proof Fire Proof A
Slide 14: SAS Batteries: Large Temperature Range
For personal use only • No liquid electrolyte – solid ceramic • Large operating range • Temperature range -40oC to +60oC • Operates around 270 oC internally SAS Batteries • Fully insulated – touch on outside Cold Desert • Ideal in cold and desert climates Climates Large Temp Range Altech Chemicals L
Slide 15: SAS Batteries: Ultra long battery lifespan
For personal use only • No liquid electrolyte, no deterioration • No loss of sodium ions or side reactions • 4,500 cycles and over fifteen years life SAS Batteries • Extended shelf life Ultra long > 15 years life battery lifespan Altech Chemicals Limited ASX : “ATC” FRA : “A3Y”
Slide 16: Ultra long battery lifespan: state of health vs cycles
For personal use only 110% Estimated State of Health (%) SAS 100% LFP 1 LFP 2 90% LFP 3 SAS Batteries NMC 1 Ultra long 80% battery lifespan 0 200 400 600 800 1000 1200 Cycle Count Altech Chemicals Limited ASX : “ATC” FRA : “A3Y”
Slide 17: SAS Batteries: Lithium Free
For personal use only • Sodium is next reactive to lithium SAS Batteries • Common salt is cheap and available uses common • Not exposed to rising lithium prices salt (sodium) Lithium Free Altech Chemicals Limited ASX : “ATC” FRA : “A3Y”
Slide 18: SAS Batteries: Cobalt Free
For personal use only • No cobalt is used in the SAS battery • Cathode is sodium chloride and nickel • In sodium aluminum chloride medium • Different chemistry SAS Batteries • No exposure to cobalt supply chain issues Cobalt Free Cobalt Free Altech Chemicals Limited ASX : “ATC” FRA : “A3Y”
Slide 19: SAS Batteries: Graphite and Copper Free
For personal use only • No graphite or copper in SAS battery • Self forming anode at (-) terminal of sodium when charging • Sodium anode dissolves on discharge SAS Batteries • Not exposed to graphite and copper supply chain No graphite issues copper anodes Graphite Free Copper Free Altech Chemicals
Slide 20: SAS Batteries Ideal for Renewable & Grid Storage Market
For personal use only SAS Batteries Ideal for Renewable & Grid Storage Market
Slide 21: SAS Energy and Power Comparisons
For personal use only SASS Energy % Power Comparisons Altech Chemicals Limited ASX : “ATC” FRA : “A3Y”
Slide 22: Grid storage of the future
For personal use only • SAS equivalent to LFP lithium-ion batteries • Volume and weight less critical • Grid, back up, peak shaving, renewable integration Grid storage of • Grid storage growing at 28% CAGR the future • US$4 b in 2021 to grow to US$15b in 2025 • 20 GW in 2020 expected to grow 3,000 G
Slide 23: How Does The SAS Battery Work?
For personal use only How Does The SAS Battery Works?
Slide 24: For personal use only
For personal use only Altech Chemicals Limited ASX : “ATC” FRA : “A3Y”
Slide 25: Ready to Commercialise
For personal use only Ready to Comercialise
Slide 26: Ready to Commercialise
For personal use only Ready to Comercialise
Slide 27: Battery Types Comparison
Battery Types Comparison For personal use only Cerenergy Battery Redox Flow Battery LFP Battery Practical Energy Density (Wh/kg) 100-120 10-25 120-160 Energy Conversion Efficiency 80-85% 70% 75-80% Cycle Life >6,000 12,000 3,000 – 5,000 Safety Very High High Medium Capex Low High Medium Operating Te
Slide 28: Ready to Commercialise
For personal use only Ready to Comercialise
Slide 29: Well advanced and ready to commercialise
For personal use only • IKTS spent EUR 35 m on R&D over 8 years • Operating pilot plant EUR 25 m in Hermsdolf, Germany • Produced operating battery modules • Successful and ready to commercialize Well advanced • Partner with land, funding, entrepreneurship, project & ready to builders commercialize
Slide 30: MWh Project, Saxony
For personal use only 100 MWh Project, Saxony
Slide 31: For personal use only
For personal use only
Slide 32: MWh Project, Saxony: Joint Venture ownership
For personal use only 100 MWh Project, Saxony Altech1 75% Fraunhofer 25% 1. Altech and Associated Entities
Slide 33: Altech majority 75% shareholder of JV
For personal use only • Altech Group (AEH) major 75% shareholder of JV • 100 MWh project in Saxony, Germany • 10,000 modules @ 10 KWh per module Altech Majority Brand KWh Chemistry EUR KWh Supplier 1 26 NMC 893 75% of Joint Supplier 2 10.4 LFP 1,026 Venture Supplier 3 10.5 LFP 1,198 Competitive pric
Slide 34: Fraunhofer estimates 40% cheaper
For personal use only Fraunhofer estimates 40% cheaper 0-1,100 KWh Salt is cheap – Nickel is the only costly ingredient Costs of No lithium, cobalt, graphite or copper Production Big Advantage Game changing technology – grid storage Altech Chemicals Limited ASX : “ATC” FRA : “A3Y”
Slide 35: Launch of KWh Battery Pack (ABS60)
For personal use only 240 cells 5 x 48 cells 60 KWh Launch of 60 100 Ah KWh Battery 620 volts Pack (ABS60) Altech Chemicals Limited ASX : “ATC” FRA : “A3Y”
Slide 36: Renewable Energy Storage
Renewable For personal use only Energy Storage Launch of 60 KWh Battery Pack (ABS60) Altech Chemicals Limited ASX : “ATC” FRA : “A3Y”
Slide 37: Why Renewable Energy Storage?
For personal use only • Who has solar panels on their roof? • Surplus is feeding back into grid at 4c KWh • At night using grid power at 27c KWh Why • Pool surplus day generation – eg neighborhood Renewable megapacks Energy • Utility companies – big battery projects Storage? • SAS batteries “shifts
Slide 38: Our Vision
For personal use only Our Vision Launch of 60 Gigawatt KWh Battery and beyond Pack (ABS60) Altech Chemicals Limited ASX : “ATC” FRA : “A3Y”
Slide 39: Forward Looking Statements
Forward Looking Statements For personal use only Forward-looking Statements This announcement contains forward-looking statements which are identified by words such as ‘anticipates’, ‘forecasts’, ‘may’, ‘will’, ‘could’, ‘believes’, ‘estimates’, ‘targets’, ‘expects’, ‘plan’ or ‘intends’ and other sim
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