Magnis Energy Technologies Limited (AU:MNS) has released an update.
Magnis Energy Technologies is making strides in developing its Nachu Graphite Project, with talks underway for partnerships and product off-takes with Chinese firms. Meanwhile, Imperium3, a subsidiary under financial strain, is seeking investors despite recent layoffs, while Magnis continues its attempts to acquire the related debt. Additionally, Henian Chen joins Magnis as a non-executive director, bringing extensive experience in the energy sector.
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