NOVONIX LTD - NVNXF STOCK NEWS

NOVONIX and Lithium Energy are forming a new company, Axon Graphite , through an IPO on the ASX. The new company will focus on large-scale natural flake graphite projects, with NOVONIX and LEL retaining up to 28.57% ownership each. The IPO aims to raise $15-25 million, offering priority to existing shareholders.

NOVONIX secures a US$103 million tax credit under the 48C program to support the production of critical battery materials in Tennessee. The company aims to create high-quality jobs, reduce industrial emissions, and boost U.S. domestic production of clean-energy products.

NOVONIX Limited (NVX) releases its inaugural Sustainability Report, showcasing its commitment to sustainability, ethical practices, and ESG initiatives. The report outlines the company's strategies, achievements, and future plans in promoting clean energy and advancing in the battery industry.

NOVONIX Limited (NVX) executives to participate in key investor events in February and March 2024.

NOVONIX Limited (NVX) announces off-take agreement with Panasonic Energy for EV batteries, highlighting strategic importance of Riverside facility in Chattanooga, Tennessee. CEO Dr. Chris Burns discusses supply gap of anode materials in North America.

NOVONIX Limited (NVX) and Panasonic Energy Co., Ltd. signed a binding off-take agreement for high-performance synthetic graphite to be supplied to Panasonic Energy’s North American operations from NOVONIX’s Riverside facility. The agreement is for 10,000 tonnes of synthetic graphite from 2025-2028, aiming to meet the increased demand for electric vehicle (EV) batteries in North America. The Inflation Reduction Act provides significant potential benefits to companies building the local supply chain for batteries and battery materials. NOVONIX’s Riverside facility is set to become the first large-scale production site dedicated to high-performance synthetic graphite for the battery sector in North America. The U.S. Department of Energy awarded US$100 million in grant funding towards the expansion of Riverside through the Bipartisan Infrastructure Law to strengthen the local supply chain.

NOVONIX Limited has appointed Sharan Burrow AC to its Board of Directors, effective 28 February, 2024. Ms. Burrow is a global leader in creating thriving workplaces with responsible governance and is known for her international advocacy on employment, human rights, and climate action. Her involvement in global policy dialogues with various organizations brings unique expertise to the NOVONIX Board. The company's Chairman, Robert J. Natter, expressed delight in welcoming Ms. Burrow and recognized her extensive experience and outstanding qualifications. Ms. Burrow also expressed excitement about collaborating with the Board to further the company's vision of providing clean energy solutions to the battery industry.

NOVONIX Limited (NVX) is set to release its fourth quarter 2023 Quarterly Activities Report on January 30, 2024. Dr. Chris Burns, CEO, will provide remarks on the quarterly activities for the quarter ended December 31, 2023. The webcast and presentation will be available on the NOVONIX investor relations website. The announcement has been authorized by NOVONIX Chairman, Admiral Robert J. Natter, USN Ret.

NOVONIX Limited (NASDAQ: NVX, ASX: NVX) announced the resignation of Daniel Akerson from the Company’s Board of Directors, citing personal reasons. Mr. Akerson had been a strong contributor to the Board, playing a key role in guiding the Company through scaling its anode materials operation and shaping its strategic direction.