Magnis Energy Technologies Ltd - Company Profile
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Magnis Energy Technologies Ltd (Magnis), formerly Magnis Resource Limited, is an exploration and development company with a diverse pipeline of projects in Australia and East Africa. The company is engaged in mining natural flake graphite comprising super jumbo, jumbo, and large flake; and manufacturing of lithium-ion battery (LIB) cells. It holds interest in the Nachu graphite project located in the South East of Tanzania. These services are offered to various industries including batteries for storing electrical energy. It has two lithium-ion battery gigafactories based in the US and Australia. The company operates in Australia, Tanzania and Mozambique. Magnis Energy is headquartered in Sydney, Australia.
Magnis Energy Technologies Ltd premium industry data and analytics
Products and Services
Products |
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Lithium-Ion Batteries |
Graphite |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Contracts/Agreements | In May, the company's iM3NY entered into a joint venture agreement with Omega Seiki Mobility to manufacture and sell lithium-ion battery packs. |
2023 | Contracts/Agreements | In April, the company awarded Worley Group Inc a services contract to provide pre-Front-End Engineering & Design and project permitting services for its planned commercial scale Anode Active Materials project in the US. |
2023 | Contracts/Agreements | In February, the company entered into an agreement with Tesla to supply battery anode materials. |
Competitor Comparison
Key Parameters | Magnis Energy Technologies Ltd | EcoGraf Ltd | First Graphene Ltd | Sovereign Metals Ltd | Black Rock Mining Ltd |
---|---|---|---|---|---|
Headquarters | Australia | Australia | Australia | Australia | Australia |
City | Sydney | Perth | Nedlands | Perth | Perth |
State/Province | New South Wales | Western Australia | Western Australia | Western Australia | Western Australia |
No. of Employees | 9 | 1 | 195 | 5 | 4 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Frank Poullas | Chairman | Executive Board | 2014 | - |
Hoshi Daruwalla | Director; Managing Director | Executive Board | 2023 | - |
Jurgen Behrens | Chief Financial Officer | Senior Management | 2020 | - |
Duncan Glasgow | General Counsel; Secretary | Senior Management | 2022 | - |
Aran Nagendra | Corporate Development & Investor Relations Manager | Senior Management | - | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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