Altech Batteries Revamps Board to Fast-Track Battery Tech Commercialisation

Board Renewal Signals New Direction

Altech Batteries Limited has announced a significant leadership refresh, appointing Joe Graziano as Non-Executive Chair, Daniel Raihani as Managing Director and CEO, and Hansjoerg Plaggemars as Non-Executive Director. This new board is tasked with steering the company through a comprehensive strategic reset designed to unlock the commercial potential of its two flagship battery technologies, CERENERGY and Silumina Anodes™.

The leadership change follows concerns from the company’s largest shareholder regarding the pace and viability of previous strategies, particularly around securing project financing for the CERENERGY Sodium Chloride Solid State Battery and Silumina Anodes™ projects. Despite strong technical validation and advanced feasibility studies, progress had been slower than anticipated.

Refocused Strategy on Partnerships and Capital Efficiency

The new board’s immediate priorities include securing strategic partnerships with established battery manufacturers, industrial technology groups, or government-backed programs. Both CERENERGY and Silumina Anodes™ boast compelling technical credentials, CERENERGY’s 120 MWh plant in Saxony, Germany, has completed its definitive feasibility study and earned a “Dark Green” sustainability rating from S&P Global, while Silumina Anodes™ has demonstrated a 30–55% energy density improvement over traditional graphite anodes.

Accessing up to €46.7 million in German STARK grant funding is another critical focus, contingent on confirming full project financing. The board is also undertaking a strategic review of non-core assets, including the Meckering kaolin resource and industrial land in Malaysia, aiming to streamline operations and unlock value.

Leadership Commitment and Operational Discipline

CEO Daniel Raihani’s employment terms reflect the company’s transitional phase, with a part-time fixed fee and additional day rates to ensure focused leadership without excessive overhead. Raihani emphasized the need for disciplined execution and robust partnerships, stating that incremental steps will not suffice to bring these technologies to market at scale.

Altech’s strategic reset underscores a shift from incremental progress to a more aggressive, partnership-driven commercialisation model. The company’s advanced battery technologies, particularly the lithium- and cobalt-free CERENERGY battery and the high-capacity Silumina Anodes™, position it well within the evolving energy storage and electric vehicle markets.

Looking Ahead

With a refreshed board and sharpened strategic focus, Altech Batteries aims to accelerate its journey from promising technology to commercial success. The coming months will be critical as the company seeks to secure strategic partners, unlock government funding, and rationalise its portfolio to concentrate resources on its core battery innovations.