Key Lithium-ion Battery Developments – Magnis Resources

blog he

Magnis Resources Limited (“Magnis” or the “Company”) (ASX:MNS) is pleased to update the market on its spherical graphite production along with an escalation in resources devoted to its Lithium-ion Battery (LIB) commercial anode development programs. These resources include additional downstream technical expertise, industry leading battery test facilities to allow for full cells and battery fabrication development utilising Nachu anode material.

Building on previously released battery results, Magnis has today demonstrated that Nachu flake concentrate has significant flexibility in the production of spherical graphite for the rapidly evolving LIB industry.

CEO Dr Frank Houllis commented: “Magnis continues to advance both the Nachu graphite project and its spherical graphite strategy in parallel. The ability to produce a high quality spherical graphite product without the current Chinese process route requiring chemical and thermal purification has the potential to provide Magnis with a significant competitive advantage over existing production and potential new entrants.”

“Today’s agreement with Charge CCCV (C4V) and the experience the C4V team brings with industry leading expertise at the forefront of LIB development and research will be instrumental to Magnis as it executes the strategy of becoming a significant player in this lithium-ion supply chain.”

kunalsa1-1


 

Disclaimer
The advice given by Kalkine Pty Ltd and provided on this website is general information only and it does not take into account your investment objectives, financial situation or needs. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. Kalkine.com.au and associated websites are published by Kalkine Pty Ltd ABN 34 154 808 312 (Australian Financial Services License Number 425376).The information on this website has been prepared from a wide variety of sources, which Kalkine Pty Ltd, to the best of its knowledge and belief, considers accurate. You should make your own enquiries about any investments and we strongly suggest you seek advice before acting upon any recommendation. Kalkine Pty Ltd has made every effort to ensure the reliability of information contained in its newsletters and websites. All information represents our views at the date of publication and may change without notice. To the extent permitted by law, Kalkine Pty Ltd excludes all liability for any loss or damage arising from the use of this website and any information published (including any indirect or consequential loss, any data loss or data corruption). If the law prohibits this exclusion, Kalkine Pty Ltd hereby limits its liability, to the extent permitted by law to the resupply of services. There may be a product disclosure statement or other offer document for the securities and financial products we write about in Kalkine Reports. You should obtain a copy of the product disclosure statement or offer document before making any decision about whether to acquire the security or product. The link to our Terms & Conditions has been provided please go through them and also have a read of the Financial Services Guide. On the date of publishing this report (mentioned on the website), employees and/or associates of Kalkine Pty Ltd currently hold positions in:  BHP, BKY, KCN, PDN, and RIO. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations.

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s