Magnis Energy Technologies Faces Legal Claim Tied to Imperium3 Battery Facility

MT Newswires Live

Aug 11, 2025

Magnis Energy Technologies (ASX:MNS) has been named in a lawsuit filed in New York's Broome County Supreme Court by Ramboll Americas, seeking damages over work on the imperium3 battery plant, which recently exited chapter 11 bankruptcy, according to a Monday filing with the Australian bourse.

The claim named multiple parties, including Magnis, Phoenix Endicott, Charge CCCV, and Imperium3 New York (IM3NY), as well as current and former directors and employees of both IM3NY and Magnis, the filing said.

The company is currently assessing the claim with its legal team and intends to defend itself, the filing added.

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