Magnis Energy Technologies Quarterly Activities Report

Magnis Energy Technologies Ltd (“Magnis” or the “Company”) (ASX:MNS) is pleased to present its Quarterly Activities Report for the period ended 31 December 2019.

Highlights:

• iM3TSV, of which Magnis owns a third, submitted the Townsville Battery Manufacturing Feasibility Study to Queensland Government, for an 18 GWh lithium- ion battery cell manufacturing facility.
• Magnis Non-executive Director, the Distinguished Professor M. Stanley Whittingham, awarded the 2019 Nobel Prize in Chemistry for his work in developing the lithium-ion battery.
• Binding Engineering, Procurement and Construction (“EPC”) contract executed with Metallurgical Corporation of China (“MCC”), to provide turn-key solution for a 240,000tpa graphite production facility at the Company’s Nachu Project in Tanzania.

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