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.
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- Ann: National Australia Bank Engaged for Townsville Project
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