The company said Imperium3 New York (iM3NY), its energy storage systems unit, secured a $74 million sales deal for a period of four years. New Delhi: Australian lithium-ion battery producer Magnis Energy Technologies Ltd said on Wednesday its unit in New York secured an additional binding sales agreement with a U.S. government supplier. The company […]
Graphite Producer Magnis Energy Gets $15 Million Funding For Expansion
Considered critical minerals, graphite and lithium are used in a wide range of applications, including electric vehicles’ batteries. The lithium-ion battery sector is benefiting from rising prices of the raw material amid robust demand. New Delhi : Australia’s Magnis Energy Technologies Ltd said on Tuesday it secured A$20 million ($14.7 million) from two U.S.-based investors […]