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 29%. Facility customisation work continues to gain momentum with the machinery roll out having begun. The internal works are nearing completion which includes repairs [...]
Magnis Energy Technologies Ltd. is pleased to provide a Company update across all parts of the business. Lithium-ion Battery Agreements Charge CCCV has signed an agreement with wholly owned subsidiary of Anglian Omega, Omega Seiki. Omega Seiki manufactures electric three-wheelers for the growing Indian market. The term of the contract is over a 5-year period beginning in 2022. Overall volumes exceed 1.1GWh over the period [...]
Magnis Energy Technologies Ltd. has been made aware of a discrepancy in an announcement made on 28 April 2021. The announcement was entitled "New Investment in C4V leads to Magnis Loan Repayment" . The Announcement reflected the Company's misunderstanding that Riverstone Credit Partners received a 3.5% interest in C4V as consideration for US$5 Million. Yesterday Magnis was informed and did confirm that Riverstone Credit [...]
Magnis Energy Technologies Ltd. is pleased to announce that it has lodged an application to list on the OTCQX Best Market in the US. Lodgement to OTC Markets Group Magnis has lodged an application to list on the OTCQX Best Market given significant demand from investors in the US, Europe and The Middle East for exposure to Magnis' involvement in several parts of the Electric Vehicle and Energy Storage supply chains, most [...]
Magnis Energy Technologies Ltd. is very pleased to announce senior management appointments to increase skills and capabilities as the company continues in its significant growth phase. Director of Battery Technologies - Dr Jawahar Nerkar Dr Nerkar has nearly 20 years of experience in Lithium-ion batteries, electrochemical energy storage devices and supercapacitors. He obtained his M.Sc. Tech degree from TuDelft, in The [...]
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. - New York Plant Status - 23% complete - Internal Building clear-out completed with internal works having started - Machinery roll-out to start in September - Public review of Air Permit has had no objections so far and on track to be granted [...]
Magnis Energy Technologies Ltd. announces key data regarding the green credentials for batteries being produced out of the iM3NY battery plant based in Endicott, New York of which Magnis is the major shareholder. - Green credentialed supply chain to lead to some of the greenest batteries in the marketplace as was independently verified by US research and consulting firm Abt Associates - Abt Associates Report highlights at [...]
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. - Additional binding contract signed with US Government supplier for US$74 million over 4 years bringing total minimum binding sales agreements to US$729 million or nearly A$1 billion - New York Plant Status - 17.85% complete - Internal [...]
Magnis Energy Technologies Ltd. is pleased to announce that it has secured a total of A$20 million in funding from two US-based institutions The Lind Partners and SBC Global Investment Fund which will assist the Company with its aggressive growth plans in the lithium-ion battery industry. - A$20 Million Convertible Note funded by US-based institutions The Lind Partners and SBC Global Investment Fund - Magnis to [...]
Sydney, Australia (ABN Newswire) - Asian Activities Report for November 8, 2011 includes: Stanmore Coal Limited (ASX:SMR) has completed the Pre-Feasibility Study for its wholly owned the Range Project, located in Queensland's Surat Basin; China Magnesium Corporation Limited (ASX:CMC) has signed an agreement to acquire a stand-alone, profitable ferrosilicon producer in China's Ningxia province; Uranex Limited (ASX:UNX) has [...]
Sydney, Australia (ABN Newswire) - Asian Activities Report for October 26, 2011 includes: Enterprise Metals Limited (ASX:ENT) has lodged five new exploration licence applications for the the Ponton Uranium Project in Western Australia; Alkane Resources Limited (ASX:ALK) has signed a Memorandum of Understanding with a European company to produce and market ferro-niobium using niobium concentrate from Alkane Resources [...]
12:00 AEST Apr 7, 2011 ABN Newswire (C) 2004-2011 Asia Business News PL. All Rights Reserved. Sydney, Australia (ABN Newswire) - Uranex NL (ASX: UNX) has commenced an exploration program at its 100% owned Songea Thermal Coal Project in Southern ...