Australia's Altech rises on agreement for anodes qualification

Altech Batteries

05/07/2022 03:36

** Shares of battery minerals co Altech Chemicals  ATC.AX 
rise as much as 19.2% to A$0.062, eyeing their best intraday
session since April 20
    ** ATC says executed framework agreement with German
institute Fraunhofer IKTS [https://bit.ly/3y8R55i
]
    ** Agreement to expedite testing and qualification process
for co's Silumina Anodes battery material- co
    ** Shares hits their highest levels since June 14
    ** Stock notches its third straight day of gains
    ** More than 3.2 million shares change hands, compared with
the 30-day average volume of 2.2 million shares
    ** Stock has fallen 56.8% this year, as of last close

 (Reporting by Anan Ashraf in Bengaluru)
 ((Anan.Ashraf@thomsonreuters.com;))