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Magnis Resources Announces Global Consortium Backs Australian Energy Security

21 Apr 2017  |  10:12:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Global Consortium Backs Australian Energy Security

Magnis Resources announced that it is part of a global consortium led by Boston Energy and Innovation (BEI) which has signed an exclusive MoU with Townsville City Council to investigate building a 15GWh Lithium-ion Battery Manufacturing Plant in Townsville. The consortium led by BEI is chaired by well-respected and highly regarded Australian businessman and philanthropist Bill Moss AO and consists of New York Stock Exchange listed Eastman Kodak Company C4V and C&D Assembly both leaders in the lithium-ion battery space and both based in New York. It will have both ownership in the plant as well as providing anode materials and technologies.

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