Magnis Energy Technologies Ltd (ASX: MNS) has appointed Jones Lang Lasalle, Americas, Inc (JLL) as real estate adviser for its planned Active Anode Manufacturing facility in the US.
JLL will assist Magnis in identifying and securing a real estate solution for its planned AAM facility in the US that best meets the company’s long-term operational plans. JLL will also assist Magnis in selecting, negotiating, and documenting the transaction for the planned facility.
Additionally, the company has placed orders for key long lead time equipment with leading supplier Hosokawa Alpine Aktiengesellschaft for its Active Anode Material Demonstration Plant. Working in conjunction with its battery technology partner C4V LLC, the demonstration plant will produce battery grade materials that will enable Magnis to provide samples to prospective customers as part of their qualification process.
We are very pleased to have engaged Jones Lang Lasalle to assist with the site selection process for our US active anode materials facility,” Magnis CEO David Taylor said.
“There are multiple factors that need to be considered when identifying and securing a suitable site, and Jones Lang Lasalle demonstrated that they have the experience, technology, and resources to meet our needs.
“The placement of key equipment orders for our demonstration plant is a major step forward, and we are now looking forward to working in collaboration with our technology partner C4V to advance the project into the delivery phase.”