Townsville lithium-ion battery plant hits another important milestone

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The planned Townsville lithium-ion battery plant has reached another important milestone with the Townsville City Council formally adopting an amendment to its planning Scheme.

The 18 GWh lithium-ion battery cell manufacturing plant, planned for Townsville, Queensland, is being developed by the Imperium 3 (iM3) consortium – an international joint venture led by Boston Energy and Innovation, Magnis Resources and Charge CCCV LLC.

Townsville Mayor, Jenny Hill, said the amendment to Townsville’s planning scheme creates a new, jobs-generating industrial precinct on the former Lansdown Station site at Calcium near Townsville which will allow the iM3TSV consortium to lodge its Development Application with Council for Stage 1 of the proposed lithium-ion battery manufacturing plant in the near future.

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“Council is committed to establishing an environmentally sustainable, advanced manufacturing, processing and technology estate on the site that will drive economic growth and job creation for North Queensland,” Ms Hill said.

“This growth and job creation are important for our economic recovery from the COVID-19 global pandemic as well as our long-term future.”

“Council welcomes the State Government’s approval of our proposed amendment and will continue to engage with project partners to progress potential projects for the Lansdown industrial precinct.”

Magnis, which holds a one-third share in the project, expects the Development Application to be completed in the coming months.

“We are encouraged by the progress made in Townsville as we field some serious interest from investors seeking to be involved with the project,” said the company’s Chairman, Frank Poullas.

“It’s great to have the support from all forms of government who see the opportunity to bring large-scale high-tech manufacturing into Townsville.”

Image credit: http://magnis.com.au/announcements/significant-news
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