Magnis Technology reveals superior battery results | Finance News Network

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 with a passion for equities and funds management. As Head of News, she has been a broadcast journalist for over seven years, specialising in finance. She was a journalist with Sky News Business, ABC 1, ABC's The Business and ABC24. She’s also worked as a TV reporter for Prime 7 and WIN News. Jessica has worked as a financial planner and real estate agent.