AMTE Power and InfraNomics are planning a 200,000 micro cell battery production line in Kwinana.
AMTE Power and InfraNomics are planning a 200,000 micro cell battery production line in Kwinana.
The two companies announced a joint venture agreement this week, after signing a memorandum of understanding last year.
It will operate under the name Bardan Cells.
AMTE is reportedly planning to build a 2 giga watt hour per year battery factory in the United Kingdom, and listed on AIM earlier this yer.
Infranomics will raise capital, while AMTE will bring technology and manufacturing expertise.
The Bardan joint venture hopes to ultimately build a gigascale factory in Kwinana.
AMTE Power chief executive Kevin Brundish said the company hoped to get more cells into commercial production.
“Bardan is attractive as a stand alone investment proposition for us, given the anticipated demand in Australia for energy storage solutions, but at the same time, Bardan is attractive as a further test platform for our technologies and will be particularly useful additional experience and proof to investors and customers of our capabilities as we pursue the development of our UK based Gigafactory,” Mr Brundish said.
InfraNomics founder Cameron Edwards said AMTE would bring advanced tech expertise to make world class products.
“The global transformation of energy is one of the largest growth markets in the world and we are delighted to be playing a role in reshoring manufacturing in the Australian energy sector and creating an essential piece in the critical raw materials value chain,” Mr Edwards said.
Kwinana Industries Council director Chris Oughton said Bardan would add to the battery industry developing in Kwinana.
“It’s actually a clever decision to co-locate amongst the companies that will be able to supply the inputs, and the renewable energy that will be required for it to gain the ‘green’ credentials their Australian and international customers will be requiring,” Mr Oughton said.
“What a great outcome – now we will have mine site to final product!
“Who said Western Australia couldn’t go far into the downstream manufacturing?”