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Magnis Resources to reveal next plans on battery factory

The halt will remain in place until Tuesday 23rd May 2017.
Magnis is focused on the Nachu Graphite Project

Magnis Resources (ASX:MNS) has been granted a trading halt by the ASX, with its shares placed in pre-open.

Magnis requested the halt pending an update regarding a planned lithium-ion battery gigafactory in North America.

The halt will remain in place until the opening of trade on Tuesday 23rd May 2017, or earlier if an announcement is made to the market.

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