NYSERDA Report Highlights C4V Lithium-ion Batteries as Potentially the Greenest in the Marketplace

World renowned agency Abt Associates conducts report on batteries produced by CCV.

  • World renowned agency Abt Associates conducts report on batteries produced by CCV.
  • Report sponsored and funded by New York State Energy Research and Development Authority (NYSERDA).
  • CCV Generation-1 lithium-ion batteries with its qualified supply chain highlighted as potentially the greenest in the market.
  • iM3NY to be the first factory to make these batteries at Gigawatt scale.

Magnis Energy Technologies Limited (“Magnis”, or the “Company”) (ASX:MNS) is very pleased to announce that a report sponsored by NYSERDA and prepared by world renowned Abt Associates has been released on the Life Cycle Assessment for Charpe CCCV (CCV) lithium— ion battery cells for electric vehicles. These batteries will be first produced in mass scale by iM3NY in Endicott NY Magnis owns directly and indirectly approximately 58% of iM3NY.

Life Cycle Assessment — CCV

With lithium—ion batteries considered as the key ingredient for the future of transportation along with renewable energy security for homes globally While batteries themselves are the backbone of this green transformation that our generation is undergoing, current manufacturing practices today are being questioned due to their carbon and toxic footprint Abt Associates Inc., under a program funded and sponsored by NYSERDA evaluated CCV batteries for the life cycle assessment in electric vehicle market. Abt Associates is a global leader in research, evaluation and program implementation driving innovation and measurable impact for more than 50 years. With over 2,500 employees their development focus is on using evidence and cutting—edge methods to improve the lives and economic well—being of people worldwide.

To read the full press release, click here.

Click here to connect with Magnis Energy Technologies (ASX:MNS) for an Investor Presentation.


AU$4 Billion Galaxy/Orocobre Merger to Create Top 5 Lithium Company

Australia’s Orocobre (TSX:ORL,ASX:ORE) and Galaxy Resources (ASX:GXY,OTC Pink:GALXF) agreed this week to join forces in a AU$4 billion “merger of equals.” The deal comes as demand for lithium for electric vehicle (EV) batteries continues to pick up pace.

Once the merger is complete, the new company will become a top five lithium chemicals company globally — and top three outside of China — with production capacity of around 40,000 tonnes of lithium carbonate equivalent per year.

“The merged entity’s growth opportunities in both brine and hard rock position it uniquely to take advantage of expected rising EV demand for lithium,” Galaxy Chairman Martin Rowley said.

Keep reading... Show less

IIROC Trading Halt – TMRR

The following issues have been halted by IIROC:

Company: Tempus Resources Ltd.

Keep reading... Show less

Cleantech Investing in Australia

Climate change is a looming issue for Australians, with 82 percent concerned about bushfires and 81 percent worried that drought or flooding will affect crop production and food supply.

This is where conscious investors look to the cleantech sector, which covers everything from renewable energy to low-emission technologies to water technology to battery storage and more.

What should investors know about cleantech in Australia before they jump in? Read on for a look at key factors, including market size, the industries encompassed by cleantech and big players to watch.

Keep reading... Show less

Galaxy Resources Limited Announcement

Galaxy Resources Limited (ASX: GXY) ( Company ) advises that the following announcement has been made to the Australian Securities Exchange which appears on the Company’s platform (ASX):

  • Becoming a substantial holder

The announcement can be viewed at:

Keep reading... Show less

Hastings Technology Metals Ltd Signs Major Offtake Contract with thyssenkrupp

Perth, Australia (ABN Newswire) – Australia’s next rare earths producer Hastings Technology Metals Limited (ASX:HAS) is pleased to announce that it has executed a binding offtake contract with thyssenkrupp Materials Trading GmbH (TK), for high-grade mixed rare earth carbonate (MREC) from the Company’s Yangibana Rare Earths Project (Yangibana) in the Gascoyne region of Western Australia.


– Hastings announces signing of a major offtake contract for the supply of its high grade product from its Yangibana Rare Earths Project in Western Australia to thyssenkrupp Materials Trading GmbH.

Keep reading... Show less

Top News

Related News