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 expected that during Q1 2022 that construction of the village will begin.
Plans are underway looking at options for powering of the village where we are assessing an option of providing a solar and battery storage solution using lithium-ion batteries produced from iM3NY’s battery plant based in Endicott, New York of which Magnis is the major shareholder.