Business
Why the Magnis (ASX:MNS) share price is charging 5% today
The Magnis Energy Technologies Ltd (ASX: MNS) share price is rising today. This comes after the company announced that a three-party MoU has been signed for its ‘big battery’ project. At the time of writing, the Magnis share price is up 5.7% to 18.5 cents. In comparison, the All Ordinaries Index (ASX: XAO) is down 0.4% to 6,820 points.
What’s moving the Magnis share price higher
The Magnis share price is on the move today after the company announced a tripartite collaboration between Magnis, The University of Newcastle (UoN) and Fletcher International Exports to deploy a battery at Fletcher’s Dubbo meat processing facility.
The project, due to commence in mid-2021, will see the battery transported from the company’s New…
-
Business19 hours agoTop brokers name 3 ASX shares to buy next week 16 November 2025
-
General7 hours agoZac Lomax released by Eels for ‘opportunities outside NRL’, fuelling speculation of R360 switch
-
Noosa News13 hours agoSenior constable injured in crash between unmarked police car and stolen vehicle in Pimpama, Queensland
-
Business23 hours agoNvidia’s quiet move into quantum computing could reshape the next frontier of AI