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Bruised Magnis announces graphite supply deal

BRUISED but not out, Magnis Energy Technologies has today announced its execution of a graphite offtake agreement with Traxys Europe one month after misconduct allegations shook 20c off the company's share price.

Jonathon Davidson
File photo: an EV battery facility owned by Magnis

File photo: an EV battery facility owned by Magnis

The offtake agreement Magnis describes as legally binding, and sees the company supplying Graphite to Traxys Europe SA from its Tanzanian acreage, the Nachu Graphite Project.  The offtake agreement...

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