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Lindsay Dudfield, Executive Director and CEO of Jindalee Resources Limited, Executed MOU with POSCO Holdings For Joint Research At McDermitt Lithium Project

JINDALEE RESOURCES LIMITED  (ASX: JRL) (Jindalee, the Company) is an Australian exploration company with Tier 1 lithium deposits in its portfolio in the United States. The Company’s core goals are to discover world-class mineral deposits and generate shareholder wealth. The United States is one of the largest marketplaces for lithium demand, and Jindalee is a leading company committed to help meet future demand. The Company is focussing efforts into developing its McDermitt lithium deposit. Jindalee Resources was listed on the Australian Securities Exchange (ASX) on 11th July 2002 and raised AUD 2.70 million. Now, it is a pure-play United States lithium company. Jindalee’s Projects: In June 2018, the Company acquired McDermitt and Clayton North, two lithium sediment projects in the United States. Both projects are 100% owned by HiTech Minerals Inc., a wholly owned, US-based subsidiary of Jindalee. Several factors attracted the Company’s interest in these projects including: Potentially
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Altech Chemicals Executes Partnership with Fraunhofer IKTS for Silumina Anodes™ Qualification

ALTECH CHEMICALS LIMITED (ASX: ATC) (Altech or the Company) has ANNOUNCED that it has signed a partnership with German-based Fraunhofer Institute for Ceramic Technologies and System IKTS (Fraunhofer IKTS). Under the partnership, Fraunhofer IKTS will expedite the testing and quantification processes for Altech’s Silumina Anodes™.

Silumina Anodes™ is ALTECH’S silicon graphite composite product. The Silumina AnodesTM product has demonstrated a much higher energy capacity than conventional graphite anodes available on the market. The product has also demonstrated longer battery life stability, cycle ability and battery life. The Silumina Anodes™ product is now in the process of commercial development.

Fraunhofer IKTS’ Expertise — Altech Chemicals

With over 30 years of expertise, Fraunhofer IKTS is Europe’s largest R&D institute dedicated to the study of ceramics. Fraunhofer IKTS develops high-performance materials, prototype components and systems, and industrial manufacturing processes for production lines and pilot-scale plants.

Fraunhofer has recently launched the BATTERY INNOVATION AND TECHNOLOGY CENTRE (BITC), Arnstadt, Germany. Fraunhofer IKTS’ projects at BITC are dedicated to energy storage systems. BITC’s digitally supporting production systems allow it to quantify all criteria and standards in battery manufacturing. Fraunhofer IKTS is considered one of the leading research centres for battery materials in the world.

Altech Chemicals — Leveraging Fraunhofer IKTS’ Expertise

Under the partnership, Fraunhofer IKTS will independently test Altech’s Silumina Anodes™. This includes long-term performance testing for applications across various use cases. Fraunhofer IKTS’ extensive network of laboratories, technical centres and equipment allows it to conduct comprehensive testing.

Fraunhofer IKTS’ extensive research on batteries and its network of partners will ensure Silumina AnodesTM can undergo extensive performance tests. The results of the testing will assist the qualification process of the product, which in turn can ensure Altech meets the requirements of the industry and potential customers.

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