28 Aug '17, 10am

Australian, Germany Li-ion #gigafactory aspirants sign MoU

Australian, Germany Li-ion gigafactory aspirants sign MoU 28 August 2017 Magnis Resources Limited, part of a consortium aspiring to build a Li-ion gigafactory in Australia (earlier post ), signed a Memorandum of Understanding (MOU) with German Lithium-ion battery consortium TerraE-Holding GmbH (TerraE) for the supply of raw materials. TerraE-Holding GmbH has organized 17 major companies and research institutions into a consortium to handle planning for building large-scale lithium ion battery cell manufacturing in Germany. (Earlier post .) Under the agreement, Magnis will supply raw materials to the TerraE Gigafactories. TerraE plans to build 34GWh of production capacity across two locations in Germany. First stage production is expected to commence in late 2019. Magnis says that the agreement further strengthens its position in the rapidly growing Lithium-ion battery mark...

Full article: http://www.greencarcongress.com/2017/08/20170828-giga.html

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