Following an announcement from Magnis Energy Technologies (ASX: MNS) that it is currently assessing the potential of producing active anode material (AAM) in the US using the undeveloped 100% owned Nachu graphite as feedstock, Senior Analyst Di Brookman has released an updated report on the company, which is now available for download from the Corporate Connect website.
Magnis aims to become a leading global producer of next-generation green credentialed Lithium-Ion Battery (LIB) cells, enabling the future energy requirements of the world, the global storage of renewable energy and electrification of transportation. Leveraging off a world class graphite asset in Tanzania, associated production IP and a strategy partnership with US based Charge CCV, Magnis will manage an end to end supply chain, sourcing the raw materials and associated technologies for these cells.
Magnis has three core areas of focus which provide the Company with a strategic advantage; battery technologies, gigafactories and graphite.
