Magnis Energy Technologies director wins Nobel Prize

Professor Stanley Whittingham. Image screenshotted from Magnis Energy Technologies video.

Graphite producer Magnis Energy Technologies non-executive director Michael Stanley Whittingham has been awarded the 2019 Nobel Prize in chemistry.

The English scientist has been recognised with this honour for his work in developing the lithium-ion battery.

The award was announced in Stockholm by secretary general of the Royal Swedish Academy of Sciences Göran K Hansson.

Whittingham has been in the lithium-ion battery industry for more than four decades and has supervised large projects for the United States of America Department of Energy, Exxon and Schlumberger.

Magnis is an ASX-listed company with a world-class graphite deposit in Tanzania known as the Nachu graphite project. The operation has a high distribution towards natural flake graphite in the super jumbo, jumbo and large flake categories.

Company chairperson Frank Poullas said he was privileged to have someone of Whittingham’s calibre as a director.

“On behalf of our shareholders, board and management team, we would like to congratulate professor Whittingham on this remarkable achievement,” Poullas said.

“To have a Nobel laureate as a director, and one with such relevant sector expertise, is a great privilege, not only for Magnis, but for the whole investing community in Australia.”

Whittingham had a third of the share in the prize with fellow scientists John B Goodenough and Akira Yoshino.

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