Australia's Altech Batteries rises on prototype reaching key milestone

Altech Batteries

12/09/2025 04:36

** Altech Batteries ATC.AX jumps as much as 7.8% to A$0.035; marks biggest intraday pct gain since September 2

** Battery tech firm says its Cerenergy prototype cells completed more than 650 charge-discharge cycles with no detectable capacity loss

** Adds cells achieved near 100% coulombic efficiency, confirming minimal side reactions, strong intrinsic safety of sodium nickel chloride chemistry

** More than 65.8 mln shares traded, 3.6x the 30-day avg

** ATC last up 4.7%, taking YTD losses to 34.3%

 (Reporting by Kumar Tanishk in Bengaluru)

 ((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))