Magnis Resources Provides Update

Battery Metals
ASX:MNS

Magnis Resources (ASX:MNS) provides an update on the Lithium-ion battery manufacturing plant planned for construction in Germany.

Magnis Resources (ASX:MNS) provides an update on the Lithium-ion battery manufacturing plant planned for construction in Germany.
As quoted from the report, highlights include:

• German Lithium-ion battery plant to be named Listrom – Magnis to hold a 45% stake
• First phase study to commence shortly following consortium approval
• Consortium to be included in European Union Battery Alliance – joining BMW, Daimler
and Nissan, amongst other industry leading motoring companies
• Dr Jorg Fabri appointed as Managing Director of Listrom – brings significant chemical
and energy sector experience to the role
• Government discussions progressing favourably – strong support from regional and
federal levels
• Additional alliances with industry leaders are ongoing and advancing well

Click here to read the full report.
Click here to connect with Magnis Resources (ASX:MNS) for an Investor Presentation.

Source: drive.google.com

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