Excellent find @Riskon22!
Amongst today's news with MNS it is easy for an article like this to slip by the wayside without really considering it's potential significance!
Personally I find it incredible that the naysayers have let this one go by the wayside?!.. normally they're onto it quick smart! Maybe they are still stuck digesting today's news??.. Anyway I'm hoping others can take a closer look at this article and and try to find some angle to pick on for us?.. I for one, find this news in the German newspaper very exciting!
Translating it wasn't easy, other people out there may do a better job than I did but here's a few talking points I got out of this article which may get our fellow friends started with..
- Magnis to invest in LIB plant with the intention to produce for less than USD$200/kwh - cheaper than Tesla.
- Magnis to provide nickel and cobalt free cells in the near future
- Already in small scale production in New York (mwh scale)
- Raw materials secured, 15yr minimum graphite from TZ
- Targeting an industry that is not dependent on Asia
- Start of production planned for end of 2019 (moved to first half 2019, as per today's ann)
- Recycling is part of the concept
- in talks with big names - Volkswagen and Siemens!!
IMO I wouldn't be surprised to see Volkswagen/Siemens taking up a stake in the project as discussions progress - my opinion only, but it would make a lot of sense if they were to get involved.
Note however that the points above are extracted from the article.
We thought today's news was exciting... I think it is only the start!!
Big things to come here for fellow shareholders.
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- In talks with Volkswagen, Siemens
In talks with Volkswagen, Siemens, page-8
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