Siemens to enhance Magnis’ NY lithium-ion battery technology plant

ASX-listed Magnis Resources, battery technology developer Charge CCCV and industrial equipment multinational Siemens have signed a letter of intent to enhance the lithium-ion manufacturing technology at the New York battery plant, in which Magnis has a shareholding, through digitisation and automation. “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.