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Magnis looks to US battery options

A COMPANY with a 33% stake in the Imperium 3 consortium considering a battery plant at Townsville, Queensland, has boosted its stake lithium-ion battery plant in New York, US.

Noel Dyson
Magnis has increased its stake in a New York lithium-ion battery plant project.

Magnis has increased its stake in a New York lithium-ion battery plant project.

Magnis Energy Technologies has bought unlisted Australian company Boston Energy and Innovation's stake in US-based entity Imperium 3 New York for US$350,000. A US$150,000 bonus payment is to be made...

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