May 29, 2017

Magnis moves forward with Townsville battery plant proposal

Magnis Resources says it is close to choosing a site for its proposed Townsville lithium-ion battery gigafactory. The company said meetings in recent weeks with senior Townsville City Council officials and State Members of Parliament had confirmed a high level of support for the project. A number of potential local council and state development sites which met the consortium’s criteria had been identified and were being assessed by Magnis engineers, it said. “The level of interest coming through for the Townsville gigafactory is extraordinary,” Mag...

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