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Race hots up to build Australia’s first lithium-ion gigafactory as Imperium3 receives governmental backing

Thu, 08/20/2020 - 11:11 -- Paul Crompton

A consortium is moving to the next stage of plans to build an AUS$3 billion ($2 billion) lithium-ion gigafactory in Queensland, Australia, after receiving the go-ahead from the state’s government.

The Queensland Department of State Development, Tourism and Innovation has approved the feasibility study by the Imperium3 Townsville consortium, which includes Magnis, Charge CCCV (C4V), and Boston Energy and Innovation and National Bank Australia.

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