- Surface chemistry specialist AnteoTech (ADO) has opened strong on the ASX today after joining a nationwide, four-year battery research project
- AnteoTech will collaborate with a string of other organisations under the Future Battery Industries Cooperative Research Centre (FBICRC) to work on the Super Anode Project
- The project is designed to kick-start the Australian battery industry by refining natural graphite production processes and developing high-capacity, silicon-containing anodes
- AnteoTech will contribute around $500,000 over the four-year project and in return will refine its silicon composite material development processes
- Importantly, the company will retain all rights to its intellectual property in relation to its silicon material development
- On top of this, the company is entitled to a share of the Super Anode Project’s IP based on a percentage of its contribution to the project
- Shares in AnteoTech are up 8.33 per cent this morning, trading at 26 cents each
Surface chemistry specialist AnteoTech (ADO) has opened strong on the ASX today after joining a nationwide, four-year collaborative battery research project.
AnteoTech is joining forces with the Future Battery Industries Cooperative Research Centre (FBICRC) and several other organisations to collaborate on the Super Anode Project, which is designed to kick-start the Australian battery industry.
Essentially, the project will focus on developing the necessary materials, processes and cell-level technology to complement the FBICRC’s cathode precursor refinement and material development project.
Based on Perth, WA, the research centre brings together 60 industry participants, eight universities, the Commonwealth Scientific and Industrial Research Organisation (CSIRO), and federal and state governments.
Battery industry kick-start
The Super Anode Project will focus on two core areas: flake graphite production and the development of high-capacity silicon-containing anodes.
The research partners will work together to improve processing in Australia’s natural graphite reserves to help Australian graphite meet the high standards of global batter manufacturers.
At the same time, the partners will develop anodes that contain silicon and integrate them with Australian natural graphite to meet future global and national capacity requirements.
AnteoTech is among nine research participants in the Super Anode Project and has been selected as the exclusive contributor of silicon composite materials for the project.
The company said it is expecting to contribute around $500,000 in cash over the four-year project and in return will have the opportunity to accelerate and refine its silicon composite material development processes.
AnteoTech Head of Energy Manuel Wieser said the company has already reported some strong results for in-house testing of its half-cell batteries.
“This project will take our work to the next level providing scale-up, demonstration and validation opportunities for the silicon composite development work being undertaken by AnteoTech while creating a marketable product and expanding AnteoTech’s intellectual property portfolio,” Manuel said.
AnteoTech said among other developments, the work program under the project will cover the structural refinement of its silicon composite material to help it perform better.
Importantly, AnteoTech will retain all rights to its intellectual property (IP) in relation to its silicon material development. What’s more, the company is also entitled to a share of the Super Anode Project’s IP based on a percentage of its contribution to the project.
Shares in AnteoTech are up 8.33 per cent at 11:02 am AEST, trading at 26 cents each. The company has a $477 million market cap.