MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Corporate Presentation, page-11

  1. 1,463 Posts.
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    "Many batteries today are using what is termed '333' composition"

    Ur copy/paste "Need for cobalt in battery chemistry" is from Sept 2016 article, NCM 333 is old technology. Old news.
    http://www.indmin.com/Article/3586106/The-role-of-cobalt-in-battery-supply.html

    5 months to trundle 2nd hand gear 600 miles to NY.
    Followed by set-up, re-engineering to cylindrical etc, with brave call of mid 2019 before production of first cells. Cells energy density around 230 Wh/Kg for ur bone battery.

    Meanwhile Asian battery giants moving on to produce 30% more energy density from NCM 811.
    lg new cell.JPG

    Feb 2018 - CATL aims to reach 300 Wh/kg before 2020 - NCM 811
    "China’s 13th Five-year Plan (2016 to 2020) sets the goals for EV battery cells of reaching an energy density higher than 300 Wh/kg and cost lower than 100 €/kWh.
    NCM 811 battery cells are clearly the way to go..."


    That's 300 wh/Kg for around A$150.

    Sounds cheap, sounds energetic...
 
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