June 17 (Reuters) - Magnis Resources Ltd MNS.AX :
* Tanzanian port authority agreement MNS.AX
* Received a letter of intent from the Tanzania Port Authority
* Having access to high quality port facility expected to deliver significant cost and operational benefits to Nachu project
* Loi allowing company to progress to the next phase of acquiring a long term lease at the export port of Mtwara
* Granted a six month period to finalise its application and execute a long term lease agreement with the tpa
* Nachu project remains on target to meet the forecast increase in graphite demand for lithium-ion battery uses
* Source text for Eikon ID:nASX5xbJfl