Magnis Resources Limited Announces it is Part of a Global Consortium

Magnis Resources (ASX:MNS) is pleased to announce 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 (NYSE:KODK), C4V and C&D Assembly both leaders in the lithium-ion battery space and both based in New York.
Magnis will have both ownership in the plant as well as providing anode materials and technologies.
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Source: www.magnis.com.au