MNS 0.00% 4.2¢ magnis energy technologies ltd

General Discussion Topics, page-5917

  1. 5 Posts.

    Independent certification

    The independent certification process focuses on a range of international safety standards, including Standard UN38.3.

    UN38.3 is a United Nations standard that lithium batteries must meet to achieve certification for safe transport in large quantities (by air, sea, rail or road).

    Until the certification is achieved, a limit of eight cells may be shipped to customers, meaning recent sales have been limited.

    In one of the last tests performed, a cell reported an irregular result which has resulted in the process starting again with a new batch of cells.

    In order to compress the timeline to achieve certification, additional accredited independent certifiers have been appointed.

    Despite the disappointment over the delay, Magnis is encouraged by the ongoing sampling of cells produced by iM3NY among both existing and potential new customers, which reinforces the company’s view on positive market demand for these new cells.

    Magnis Energy Technologies Ltd advances certification process for lithium batteries produced at iM3NY plant (*.com)
 
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