MNS 0.00% 4.2¢ magnis energy technologies ltd

Magnis Signs a Binding Memorandum of Understanding (MOU) with BATTEROTECH

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    Magnis Signs a Binding Memorandum of
    Understanding (MOU) with BATTEROTECH
    • Binding MOU is signed with BATTEROTECH
    • BATTEROTECH is to become a non-exclusive sales and technology partner for
    Magnis for the immediate-term re-sale and joint development of turn-key
    projects using BATTEROTECH batteries
    • BATTEROTECH is positioned to develop next-generation battery products for
    EV and ESS markets
    • BATTEROTECH specialises in high safety, high energy density, long life and
    fast charging world-class products and solutions for customers in EV and ESS
    fields
    • BATTEROTECH is a wholly-owned subsidiary of the world’s largest nickel and
    stainless steel producer Tsingshan Industry
    • BATTEROTECH’s current capacity of 34GWh with Phase III capacity planned to
    produce 45GWh annually

    LINK https://magnis.com.au/files/BATTEROTECH-MOU-Press-Release-8-4-24.pdf
 
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