You can import a module into your namespace like you can any object:
from projectname.algorithms import module1
module1.method1(parameter1)
module1.method2(parameter1)
so from an API perspective there is no difference between using a class with static methods, or a module here.
The difference is only in the writing and maintenance.
Here, stick to modules over static class methods. Use classes only for when you have some actual state to share. If you were to use classes to group these methods, you do create an expectation that the class objects themselves have some meaning beyond facilitating a namespace grouping.