Magnis Energy Technologies Ltd. is pleased to present its Quarterly Activities Report and overview of operations for the period ended 31st December 2021 . Highlights - Magnis' subsidiary Imperium3 New York Gigawatt scale Lithium-ion Battery Plant began its semi-autonomous phase. This is an important phase during the plant's construction as batches of cells can be produced for both marketing and due diligence purposes [...]
Magnis Energy Technologies Ltd. is very pleased to announce the following appointments to its board and management team to assist with the significant growth that the company is experiencing as it continues to progress its involvement in various segments in the Lithium-ion battery industry. Giles Gunesekera - Independent Non-Executive Director Giles has over 25 years' experience of building and developing teams and [...]
Magnis Energy Technologies Ltd. is very pleased to announce that Lithium-ion technology partner Charge CCCV has launched its exciting LiSER Technology. Magnis has a 9.65% shareholding in C4V. LiSER Technology LiSER technology encompasses an in-house patented battery cell design that allows OEMs to bypass modules and build the pack directly. This platform includes designs that include long and slim cells with super-fast [...]
Magnis Energy Technologies Ltd. is pleased to provide an update on activities at the iM3NY Battery Plant based in Endicott, New York. Magnis is the major shareholder of the project. Project Status and Recent Milestones - Overall project completion rate is at 51%. - Facility customisation work continues to gain momentum with the completion of the epoxy coating in the main dry room along with the flooring and walls in the [...]
Magnis Energy Technologies Ltd. is very pleased to announce significant results from the EFC battery program achieved using 7Ah commercial cells. The cells are developed using BMLMP technology by Magnis' partner, Charge CCCV, LLC. . Magnis has a 9.65% stake in C4V. Extra Fast Charging Results The FC program previously announced on 22 June 2021 recently ended in a huge success. The program used 2-3Ah cells which had a [...]
Magnis Energy Technologies Ltd. is pleased to provide an update on activities from its wholly owned Nachu Graphite Project . Tabled below are recent milestones achieved as works start to ramp up in 2022. Eco-Village In recent months activities have begun on the Eco-Village which will provide housing for 56 families affected by Nachu. Clearing works are nearing completion with roadworks having commenced recently. It is [...]
Magnis Energy Technologies Ltd. is very pleased to announce semi-automated production has commenced at the iM3NY Battery Plant based in Endicott, New York. Magnis is the major shareholder of the project. Semi-Automated production is an important phase where batches of cells are being produced for both marketing and due diligence purposes. Volumes will continue to increase all the way up to fully automated production [...]
Magnis Energy Technologies Ltd. announces the following board changes. Distinguished Professor M. Stanley Whittingham will retire from the board on 31 December 2021 and will be replaced by Hoshi Daruwalla. Zarmeen Pavri has tendered her resignation effective immediately. Hoshi Daruwalla - Non-Executive Director Mr Daruwalla is based in the United States and has a career spanning over three decades where he has started [...]
Magnis Energy Technologies Ltd. is pleased to provide an update on activities at the iM3NY Battery Plant based in Endicott, New York. Magnis is the major shareholder of the project. Project Status and Recent Milestones Overall project completion rate is at 47%. Facility customisation work continues to gain momentum with equipment being moved onto the factory floor and major works continuing inside and outside the factory [...]
Magnis Energy Technologies Ltd. is very pleased to announce the signing of a legally binding offtake agreement with Traxys Europe SA . The Offtake Agreement provides for the future delivery and sale of high-quality, high purity natural flake graphite from Magnis' wholly owned Nachu Graphite Project located in South-East Tanzania. Traxys Managing Director Kevin Smith commented: "We have been keenly interested in the high [...]
Magnis Energy Technologies and un-listed green tech company C4V is developing iM3NY, a battery cells Gigafactory in New York State, where semi autonomous battery production will soon commence. The plant, which could be fully autonomous by mid 2022, will embrace Big Data, AI and smart automation to push down the cost of making some of the world's greenest batteries. Technology risk is low as C4V's proprietary battery cell [...]
OTC Markets Group Inc. , operator of financial markets for over 11,000 U.S. and global securities, today announced Magnis Energy Technologies Ltd. , a company with strategic investments in several aspects of the electrification supply chain including manufacturing of green credentialed lithium-ion battery cells and leading edge lithium-ion battery technology, has qualified to trade on the OTCQX® Best Market. [...]