Australia's Altech Batteries gains on project's increased output capacity
03/11/2023 02:17
** Shares of Altech Batteries ATC.AX up 4.3% at A$0.073;
set for best day since Sept. 13, if gains hold
** Battery technology co says it has increased the output
capacity of Cerenergy project to 120 MWh per annum from 100 MWh
** Adds it is currently in the final stages of the
definitive feasibility study and is reviewing all cost factors
** Stock at its highest level since Oct. 20
** Stock down ~10% YTD, as of last close
(Reporting by Ayushman Ojha in Bengaluru)
((Ayushman.ojha@thomsonreuters.com;))