Altech Batteries secures €2.5 million funding

PERTH: Altech Batteries Limited (ASX: ATC) announced Monday it has reached an agreement with major shareholder Deutsche Balaton AG to secure up to €2.5 million ($2.7 million) in funding through interest-bearing bearer bonds. The move aims to advance the company’s CERENERGY® sodium chloride solid-state battery and Silumina Anodes™ projects without diluting shareholder value.  The funding, structured as…