Company Overview and News
Magnis Resources Ltd (ASX:MNS) has secured a funding package from the New York state government for its lithium-ion gigafactory to be located at Huron Campus in upstate New York.
Magnis Resources Ltd (ASX:MNS) has received support and a funding package for the stage 1 production at New York State’s first lithium-ion gigafactory to be located at Huron Campus in upstate New York.
Magnis Resources Ltd (ASX:MNS) is preparing to reveal details regarding government support and funding towards the lithium-ion battery manufacturing facility in New York. (0-1)
Summer seasonality is in full effect and the precious metals and the mining stocks are the weakest they've been all year.
Magnis Resources (ASX:MNS) is in the process of selecting the site for the proposed Townsville lithium-ion battery gigafactory to be built by a consortium of companies.
Magnis Resources (ASX:MNS) has been granted a trading halt by the ASX, with its shares placed in pre-open.
Magnis Resources (ASX:MNS) has been granted a trading halt by the ASX this morning, with its shares placed in pre-open.
Graphite is a major component of lithium ion batteries. Growth in the li-ion battery market, driven by the move towards electric cars should lead to significant extra demand for graphite. (0-1)
I wrote previously about the graphite miners back in May 2016, which you can read here. This time I intend to give investors an update on the sector, and my current top 3 graphite miners. I chose to write about this sector as it should be a beneficiary of the electric vehicle (EV), and energy storage boom, as lithium ion battery demand surges. (0-1)
Syrah Resources is an Australian mineral exploration company with a focus on the graphite sector. They also have exposure to vanadium, mineral sands, copper, coal, and uranium. (0-1)
There are expected to be 6 companies by end 2017 selling long range (>150 mile) all electric EVs for under USD 37,500.
Growth in the use of lithium ion batteries, driven partly by increased production of electric vehicles will increase demand for the materials used in battery manufacturing.
The graphite sector is bifurcating as investors reject the "old-guard" strategy of developing large graphite deposits.
Magnis Resources Ltd (ASX:MNS) has demonstrated the use of flake concentrate from the Nachu Graphite Project in Tanzania for the production of spherical graphite for lithium ion batteries. The company used milling equipment in Europe to process flake concentrate produced from composite diamond drill core to ensure a representative sample of the ore body. Importantly, no chemical or thermal purification was used in the production of the spherical graphite.
Growth in sales of electric and hybrid electric vehicles is expected to generate significant growth in demand for lithium ion batteries.
2017-12-11 - Wilton
2017-12-11 - Wilton
2017-12-03 - Wilton
2017-11-27 - Wilton