• MoU signed for a 30GWh LIB Gigafactory and recycling plant integrated to one of Europe’s largest industrial clusters in the Emscher-Lippe region of Germany. NRW population of 17 million and Germany’s largest Federal State with US$800B GDP
• Agreement is supported by NRW government and has been signed by Magnis and Public Private Partnership (PPP) WiN Emscher-Lippe GmbH (WIN). The WIN members include Energy and Chemical giants such as BP, EVONIK, E.ON and SABIC.
• Magnis responsible for sourcing raw materials and associated technologies. With its partners, Magnis will assist with general project development and management of the Project.
• Consortium to be included in the European Union Battery Alliance – joining BMW, Daimler and Nissan, amongst other leading motoring companies.
• Dr Jorg Fabri appointed Managing Director of Listrom GmbH – brings significant chemical and energy sector experience to the role.