Magnis Energy Technologies now producing batteries without nickel or cobalt at New York plant

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By Robin Bromby - 
Magnis Energy Technologies ASX MNS iM3NY New York Lithium-ion Battery Plant

到 2030 年,Imperium3 锂离子电池制造厂的年产能将增加到 38GWh。


Magnis Energy Technologies (ASX: MNS) has begun production at its Imperium3 (iM3NY) lithium-ion battery manufacturing plant in upstate New York, with annual production rising to 1 gigawatt hours (Gwh) of battery cell capacity by the end of 2023 and 38GWh by 2030.

The company said the batteries tick the green credentialled box as they contain neither nickel nor the conflict metal cobalt.

Additionally, hydroelectricity is being used to power the plant.

Magnis and its joint venture and technology partner Charge CCCV (C4V) are the major shareholders in the plant, which is located at Endicott, on the outskirts of Binghampton.

Quality tests followed by plant ramp-up

The plant, which covers 22,000 square metres, an area equivalent to three football fields, is working at an initial production rate of several thousand cells in the first month.

The first few weeks of production will be tested for quality assurance before sales begin, with first revenue expected late next month.

Output then will be scaled up to 1GWh per annum by 2023 and again to 1.8GWh, which is the equivalent to about 15,000 battery cells per day.

Future plans include a final scale up to 38Gwh by 2030.

Magnis chairman Frank Poullas said he is looking forward to increasing the capacity of the plant to meet some of the “huge” demand currently for lithium-ion batteries being experienced, which is particularly strong in the United States.

“After many years of hard work by everyone involved, today represents a momentous occasion for Magnis, its partner C4V and the wider iM3NY team,” he added.

‘One of the highest’ cell voltages on the market

The chemistry and prismatic cell design employs patented Charge CVVV technology.

It contains lithium mixed-metal phosphate. This technology enables 3.9 volts of charge, which Magnis says is one of the highest voltages of any lithium-ion cells in the marketplace.

It claims that this voltage is 20% higher than lithium-ion phosphate cells and up 8% higher than nickel cobalt aluminium ones.

“All aspects of the cell have been considered and engineered to ensure maximum performance, safety and the ability to manufacture high volumes,” the company states.