Magnis Technology reveals superior battery results

Company News

by Jessica Amir

Magnis Technology (ASX:MNS) has revealed superior battery results from its testing programs.

Its joint testing programs with Charge CCCV (C4V) found that blended natural graphite with silicon composite anode material stores 80 per cent more energy, than graphite.

Its testing also verified unprecedented performance, without using the commodities, cobalt or nickel.

Magnis Technology says, globally, cathode technology has been gaining considerable interest from leading battery companies and major organisations looking to enter the rapily growing sector. 

Magnis Technology (ASX:MNS) shares are trading 2.78 per cent higher at 37 cents.
 

Jessica Amir

Finance News Network
Jessica joined FNN in January 2017 after having worked in financial advising for seven years and in TV journalism for seven years, specialising in finance, equities and analysis. She has interviewed former Prime Ministers of Australia, Tony Abbott, Julia Gillard and Kevin Rudd and ex Treasurer Jo Hockey. Jessica has worked as a journalist with Sky News Business, ABC 1, ABC's The Business, ABC24 and has also been a regional Channel 7 and 9 TV reporter.