MNS.ASX
Magnis Energy strikes anode active materials offtake deal with Tesla
Magnis Energy Technologies (ASX: MNS) has secured a deal with automotive and clean energy company Tesla Inc for the supply of anode active materials (AAM) beginning in February 2025. The fixed price contract will see Magnis supply a minimum 17,500 tonnes per annum up to a maximum 35,000tpa of AAM for an initial term of […]
Magnis Energy Technologies now producing batteries without nickel or cobalt at New York plant
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 […]
Magnis Energy Technologies consortium receives approval for feasibility study on $3b lithium-ion battery plant
A feasibility study for a $3 billion lithium-ion battery gigafactory to be developed in northern Queensland by the Imperium3 consortium – part-owned by graphite company Magnis Energy Technologies (ASX: MNS) – has been approved by the Queensland Government. The news follows discussions between numerous parties including the Department of State Development, Tourism and Innovation, Imperium3 […]
Magnis Energy Technologies’ partner Charge develops ‘game changing’ fast charge battery for EVs
Magnis Energy Technologies’ (ASX: MNS) partner Charge CCCV has developed a battery that it describes as a “potential game changer for electric vehicle manufacturers”. Testing on the unoptimised electric vehicle batteries has yielded “extra fast” charge results, with the battery achieving an 85% charge in six minutes. “Fast charging is usually synonymous with batteries degrading […]
