Altech DFS predicts AU$5b EBITDA for anodes project

Altech Batteries has forecast a stunning project life EBITDA of more than €3.08 billion (AU$5 billion) for its 8000 tonnes per annum Silumina Anodes project in Germany after the completion of a definitive feasibility study (DFS). The facility will produce patented alumina-coated silicon battery anode materials known as Silumina Anodes in a strategy aimed at meeting high demand in the European and United States electric vehicle (EV) and grid storage battery markets. The project study outlines a solid internal rate of return of 34 per cent with a predicted payback period of about 2.4 years, while the pre-tax net present value has…