MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: National Australia Bank Engaged for Townsville Project, page-81

  1. 899 Posts.
    lightbulb Created with Sketch. 236
    I'm looking forward to this!!!

    From the MNS Announcement 31 July 2019:-

    Townsville Project Feasibility Study Update
    Imperium3 Townsville (“iM3TSV”) has made solid advances on the feasibility study it is
    undertaking for a lithium-ion cell manufacturing facility in Townsville, Queensland. Magnis
    has a one third ownership in iM3TSV.
    Further to the announcement made on 11 April 2019 to the ASX, the feasibility study was
    initially focusing on a 15 GWh lithium-ion cell manufacturing facility. Subsequent design work
    resulted in a modular design that captured economies of scale whilst allowing the project to
    be staged. The study and relevant costings will now be centred on three 6 GWh modules,
    effectively making the facility a 18 GWh plant.
    An initial draft version of the Feasibility Study has been submitted to the Queensland
    Government in recent days but will be released in its final format to the Queensland
    Government on or before 30 September 2019.

 
watchlist Created with Sketch. Add MNS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.