Magnis walks back on plans to build Townsville battery plant
Magnis Energy Technologies appears to have walked back on its plans, once vigorously promoted, to build a lithium-ion mega factory in Townsville, Queensland. As recently as 2020 Magnis had reaffirmed its commitment to construct a $2 billion, 18GWh lithium-ion battery mega factory in three stages. However since then it appears to have focussed on the…











