Magnis Energy Technologies Ltd engages in the exploration and development of graphite deposits in the United States, Australia, and Tanzania. It primarily explores for natural flake graphite used in batteries for storing electrical energy. The company holds a 100% interest in the Nachu graphite project located in Ruangwa, south-east Tanzania. It also invests in the lithium-ion batteries. The company was formerly known as Magnis Resources Limited and changed its name to Magnis Energy Technologies Limited in November 2018. Magnis Energy Technologies Ltd was incorporated in 2005 and is based in Sydney, Australia.
Australian Market Performance
7D7 Days: 0.7%
3M3 Months: 7.6%
1Y1 Year: 14.0%
YTDYear to Date: 6.4%
In the last week, the market has stayed flat, however the Consumer Discretionary sector stood out, gaining 3.1%. More promisingly, the market is up 14% over the past year. Looking forward, earnings are forecast to grow by 11% annually. Market details ›
This week, we’re diving deeper into the world of agentic AI. We’re zeroing in on the core technologies that make these intelligent agents actually reliably work. We explore what all this could mean for software, start-ups, and most importantly, the opportunities and risks each industry faces by adopting Agentic AI.