ALTECH BATTERIES LTD — Capital/Financing Update 2013

Feb 17, 2013

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MEDIA/ASX RELEASE

18 FEBRUARY 2013

AMMG’S TECHNOLOGY SUCCESSFULLY PRODUCES

>99.9% HIGH PURITY ALUMINA (HPA)

HIGHLIGHTS

• Successful production of HPA greater than 99.9% (3N) and 99.99% (4N) after ‘washing’ using AMMG’s unique processing technology.

• Feedstock samples from all four Western Australian (WA) based projects were processed successfully.

• Processing technology benefits from a low-energy input and provides environmental benefits such as recyclability.

• AMMG’s aluminous clay material has relatively high alumina (screened grade up to 38% Al2O3) and low impurity (iron, titanium) levels.

• The South West HPA Project carries a global combined resource of 150Mt of aluminous clay.

• Projects in WA total approximately 2,934km2 and are in close proximity to existing infrastructure.

• HPA is used in the rapidly expanding high-performance electronics market.

Australia Minerals and Mining Group Limited (ASX: AKA) (“AMMG” or “the Company” ), is pleased to announce that it has successfully produced over 99.9% (3N) of high purity alumina (HPA) using its own unique aluminous clay (kaolin) to alumina processing technology.

A short video explaining the Company’s innovative processing technology and its commercial applications will be uploaded onto the AMMG website shortly www.ammg.com.au.

Using samples from all four of AMMG’s South West HPA projects in Western Australia, the material presented appropriated clean sources of aluminous clay for HPA production using AMMG’s process.

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Consulting processing chemists, TSW Analytical (“TSW”), independently verified the purity of the Company’s HPA, which was greater than 99.9% (3N+), and after a simple ‘washing’ process, is expected to reach a purity of 99.99% (4N).

TSW were engaged in mid-2012 to determine the lowest energy intensive and most efficient acid-based process for the production of HPA from the Company’s aluminous clay material. Following the laboratory testing conducted by TSW, which produced the >99.9% HPA, they produced a complete flow sheet for the conversion process, which details the extraction of alumina specifically based on the mineralogy of AMMG’s aluminous clay material.

AMMG Managing Director, Mr Ric Dawson, said “Our unique technology varies from other aluminous clay to alumina technologies in that it uses substantially less energy; the process uses low temperatures and pressures. This innovative processing technology produces minimal waste and the key reagents are recyclable, therefore, the efficiencies are high.”

“The successful testing should now build on the level of interest the Company has received to date”, he said.

“HPA is a premium high-value product that is used in high-performance electronic applications, such as tablet screens and LED’s,” he added.

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Figure 1. AMMG's >99.9% HPA final product

The South West HPA Project

The Company’s 100% owned South West HPA Project (held by its wholly owned subsidiary Kaolin Resources Pty Ltd) is made up of one (1) granted exploration licence and nine (9) applications, targeting aluminous clay in the south west of Western Australia and in the Yilgarn mineral belt: Meckering, Kerrigan, Kellerberrin and Bobalong.

The Yilgarn Craton, which hosts the Company’s aluminous clay projects, is one of the oldest weathered cratons on earth. The weathered granites have left the residual kaolin so that the deposits are ‘primary’ or ‘in situ’ in nature, as opposed to those that are secondary in nature where the kaolin has been transported by water and then deposited in narrow deposits or lenses at the bottom of ancient lakes and rivers.

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The ancient weathering process has also resulted in extremely low levels of impurities (such as iron and titanium); the kaolin is whitish in colour extending from surface to a depth of 42 metres.

Global JORC Resource

The Company has delineated two separate resources on its Meckering and Kerrigan aluminous clay projects, totalling 150 million tonnes (Mt) with screened grades of up to 38% alumina, and an exploration target* ranging from 485Mt to 830Mt. The resource is made up of 85Mt (inferred) at the Kerrigan project and 65Mt (16.77Mt indicated and 48.28Mt inferred) at the Meckering project.

The Company is currently planning the next phase of exploration in order to increase this resource.

*The term “Target” should not be misunderstood nor misconstrued as an estimate of Mineral Resources and Reserves as defined by the JORC Code (2004), and therefore the term has not been used in this context. It is uncertain if further exploration or feasibility study will result in the determination of a Mineral Resource or Mining Reserve.

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Figure 2. Tenement locations of AMMG’s South West Alumina Projects

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ENDS

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Competent Persons Statement

Technical information in this report is based on information compiled by Mr Michael O’Mara, B.Sc. Geology, AMMG Chief Geologist and a member of the Australasian Institute of Geoscientists. Mr O’Mara has sufficient exploration experience, which is relevant to the styles of mineralisation and types of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’ (“JORC 2004”). Mr O’Mara consents to the inclusion in this release of the matters based on his information in the form and context in which it appears.

For more information on Australia Minerals and Mining Group please see below or contact:

Ric Dawson Tony Dawe Managing Director Professional Public Relations Pty Ltd T: +61 8 9389 5557 T : +61 8 9388 0944 ric@ammg.com.au tony.dawe@ppr.com.au

About AMMG

AMMG was established for the purpose of securing exploration ground over areas that have typically been subject to historical exploration and where significant geological data was available and/or the land was considered sufficiently prospective. Areas with existing or potential access to infrastructure were also targeted.

To date, the Company has identified project areas located in Western Australia and Queensland, which the directors believe may have the potential for the realisation of economic resources of these commodities currently targeted, being - iron ore, aluminous clay, coal, mineral sands, salt, gypsum and gold.

The Company itself or under joint venture now has 21 granted tenements and 36 applications for tenements covering approximately 11,512km[2] over the project areas. AMMG is pursuing a diversification strategy at this stage of the Company’s development in order to provide additional development options and potential production opportunities.

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