–News Direct–
Altech Batteries Ltd (ASX:ATC) CFO Martin Stein speaks with Proactive after the company released an updated definitive feasibility study (DFS) demonstrating increased output of 20% for the CERENERGY battery manufacturing project, from 100 megawatt hours (MW/h) to 120 MW/h per year. Lead engineering company Leadec and joint venture partner Fraunhofer instigated the upgrade, achieving the enhancement with technical design optimisations and without additional capital costs.
From the beginning, we recognised a considerable margin built into the different equipment designs, Tan said.
Initially, our approach to facility design was quite conservative. However, as we've progressed in finalising the overall equipment operations, it has become evident that we possess the capability to increase our production rate.
We are currently in the final stages of the DFS, where we are meticulously reviewing all cost factors, including operating consumables and purchased items.
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
View source version on newsdirect.com: https://newsdirect.com/news/altech-batteries-boosts-cerenergy-output-to-120-mw-h-per-year-261361681
Altech Batteries Ltd
COMTEX_443095844/2655/2023-11-07T10:09:04
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