Established 1835
RESOURCE STOCKS
✕
CAPITAL MARKETS

New York battery venture gets part-funding

Magnis Energy Technologies is set to raise further funding this quarter after today unveiling a A$34 million placement to undisclosed investors, with funds earmarked to kickstart in New York “one of the largest lithium-ion battery plants in the United States” later this year

Michael Quinn
Magnis Energy Technologies is part of a New York battery venture in the USA

Magnis Energy Technologies is part of a New York battery venture in the USA

The $34 million in new equity is being priced at 28c per share. Magnis shares have spent much of the past six months trading at levels around 20c, and at less than 10c for much of the first half of...

Start a free trial to continue reading this article

Already have an account?

Subscribe now
RELATED ARTICLES
MORE ON THIS TOPIC

FROM OUR PARTNERS

View more
PARTNER CONTENT

WSP: A New 'Can-do' Attitude to Tailings Management

PARTNER CONTENT

A Breakthrough in Dewatered Tailings Solutions

MOST POPULAR
1
LONDON TO A BRICK

Challenges ahead for Jansen as BHP mulls M&A

2
BASE METALS

1Mtpa copper demand growth, says BHP

3
NORTH AMERICA

Juniors consolidate to be relevant

4
ENERGY MINERALS

Paladin dogged by Chinese-Canadian political skirmish

RESEARCH

lock Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

Content
about
SOLUTIONS
legal

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Media Ltd. All rights reserved. Aspermont Media is a company registered in England and Wales. Company No. 08096447. VAT No. 136738101. Aspermont Media, WeWork, 1 Poultry, London, England, EC2R 8EJ.

Login