Magnis Energy Technologies Ltd (ASX: MNS; OTCQX: MNSEF; FSE: U1P) is a vertically integrated lithium-ion battery technology and materials company with strategic assets, investments and partnerships in the electrification supply chain. The company's US based subsidiary Imperium3 New York, Inc ("iM3NY") operates a Gigawatt scale Lithium-ion battery manufacturing project in Endicott, New York. Magnis along with its joint venture and technology partner Charge CCCV LLC (“C4V”) are the major shareholders in iM3NY which plans to commercialise C4V's patented technology to produce green credentialed lithium-ion battery cells. Magnis also has a minority stake in C4V and has exclusively licensed their anode processing technology with an aim to produce high performance anode materials utilising ultra-high purity natural flake graphite from Magnis' Nachu Graphite Project in Tanzania. The company's vision is to enable, support and accelerate the green energy transition critical for the adoption of Electric Mobility and Renewable Energy Storage.
Why Magnis Energy Technologies
(ASX: MNS | OTCQX: MNSEF | FSE: U1P)The US Department of Energy Advanced Technology Vehicles Manufacturing Loan Program plans to distribute US$17 billion to support new research and domestic manufacturing of Lithium-Ion Batteries in the US
A unique ASX listed play into large scale global Lithium-Ion Battery cell manufacturing critical for adoption of Electric Mobility and Energy Storage
Unrivalled capabilities and expertise in Lithium-Ion Batteries, Automotive Innovation & Mining sectors
World Class Intellectual Property
Partnering with technology partner C4V who have developed next generation anode and cathode battery materials, which have patent protection in several countries
High Quality Graphite
A critical component in the anode of Lithium-ion Battery cells. East Africa will be a key supplier of higher-quality and larger flake graphite to the world compared to China who accounts for 70% of global supply
Commercialised Technology
iM3NY New York plant to start production of Li-ion batteries in 2022 using C4V’s technology which has already been qualified and is commercial ready