Australia's Magnis signs deal with Tesla to supply anode active material

Ryzon Materials

20/02/2023 22:16

Feb 21 (Reuters) - Australia's lithium-ion battery maker
Magnis Energy  MNS.AX  on Tuesday signed a binding offtake
agreement with Tesla Inc  TSLA.O  for a minimum three-year term
to supply up to 35,000 terapascal anode active materials
beginning February 2025. 
 (Reporting by Nausheen Thusoo in Bengaluru; Editing by Sandra
Maler)
 ((Nausheen.Thusoo@thomsonreuters.com;))