Lion Battery Technologies

ASX-listed Magnis Resources has announced the signing of a Letter of Intent with Siemens to collaborate with Magnis Resources and Charge CCCV to enhance its lithium-ion manufacturing technology via synchronous approach of digitisation and automation.

This collaboration would be extended to all Imperium3 projects, starting with New York.

Siemens will play a major role in the factory digitisation, automation and in-line manufacturing technology for the next generation of lithium-ion battery plants.

Under the agreement, Siemens will identify resources at their expense to develop a clearly defined functional specification for the use of Siemens industry software and automation solutions, and to provide the benefit of technology standards to help build next generation manufacturing plants – the digital enterprise for battery production.

“We are genuinely excited to be involved in the Imperium3 battery plants. We were very impressed by the progress being made in New York to date and we believe this is one of the most advanced upcoming battery projects worldwide,” comments Siemens Digital Factory Division, U.S. president, Raj Batra.

“As a technology leader, Siemens’ portfolio of software-based systems, automation and drive technologies span the entire value chain. Our collaborative efforts and digital know-how with Magnis Resources and Charge CCCV will strongly shape and grow the battery market globally.”

“Magnis Resources continues to validate the quality of its projects, its strategy to eliminate manufacturing risk one step at a time and its technology with quality partners and they don’t get any bigger than Siemens. To have a global powerhouse in Siemens showing its commitment to what we are doing is huge validation to our exciting project in New York,” states Magnis Resources chairman, Frank Poullas.

“With cobalt prices hitting above US$80,000/ton our cathode technology will be a game changer in the marketplace and this is something that is becoming evident with OEM’s we are meeting and the partners like Siemens and Celgard who are getting involved in our projects.”