MNS 0.00% 4.2¢ magnis energy technologies ltd

CATL to build electric car battery cell factory in Thuringia, page-17

  1. 15,831 Posts.
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    Oh dear Tony, you really don't understand that other companies announcement do you,

    The purification process is to convert anyone's flake graphite into spherical graphite, which can then be supplied to the existing / future battery manufactures, the other company owns all of this IP.

    Just to correct you on another point, every other graphite company in Tanzania have more offtake agreements than your the so called leader you talk about, It would appear that MNS are the company that is quickly falling behind the others. The one agreement that MNS has, doesn't even need Nachu Graphite.

    "Under the agreement, Magnis can source the graphite from its
    Nachu project, as well as from other mines that produce graphite based on the above specifications."
    https://drive.google.com/file/d/12Rkdx8abzsy_ocvy2wqyeX2k_mmVK2V3/view
 
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