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Magnus Resources

Magnis wins fresh gigafactory deals

Tue, 09/05/2017 - 10:47 -- News Editor
Magnis wins fresh gigafactory deals

Australian graphite producer Magnis Resources is to supply raw materials to the German start-up behind plans to build two gigafactories in Europe.

Magnis said it has signed a deal with TerraE Holding GmbH, which recently formed a consortium of 17 (now 18) major companies and research institutions – and plans a total of 34GWh of production capacity across two lithium-ion battery cell production plants in Germany.


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