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.