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.
 

Are you a 708 sophisticated investor?

A sophisticated investor is defined under Section 708 of the Corporations Act (net assets of $2.5 million or annual incomes in excess of $250,000).

They are eligible to receive information regarding wholesale investment opportunities that are not available to regular or retail investors.

Please subscribe if you would like to be alerted to these types of opportunities.