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NOVONIX LTD - NVNXF STOCK NEWS

Welcome to our dedicated page for NOVONIX news (Ticker: NVNXF), a resource for investors and traders seeking the latest updates and insights on NOVONIX stock.

NOVONIX is a leading battery technology company revolutionizing the global lithium-ion battery industry with innovative, sustainable technologies, high-performance materials, and more efficient production methods. The company manufactures industry-leading battery cell testing equipment, operates a high precision cell test lab, and offers cell testing services and materials development. NOVONIX's Riverside facility aims to be North America's first large-scale production site of high-performance synthetic graphite for batteries, with plans to scale to meet demand. The company has received substantial government funding to support its expansion and localization efforts in the battery supply chain.

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NOVONIX to participate in investor events in September 2023
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NOVONIX joins Canada's Zero-Emission Vehicle Supply Chain Alliance, aiming to strengthen Canada's battery ecosystem and onshore supply chain. The company develops technologies and materials for the electric vehicle and energy storage market.
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NOVONIX Limited announced that members of the executive team will be participating in upcoming investor events in June 2023.
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NOVONIX Limited announces a joint venture with TAQAT Development Company to create a facility in Saudi Arabia for producing high-performance graphite anodes for electric vehicle and energy storage systems. The JV aims to begin construction in 2024, utilizing NOVONIX's proprietary technology and TAQAT's local resources. TAQAT will hold 60% equity in the JV, while NOVONIX will hold 40%. The facility is expected to reach a capacity of 30,000 tonnes annually, supporting the Kingdom's Vision 2030 initiative to diversify its economy and increase EV usage.

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NOVONIX Limited (NASDAQ: NVX, ASX: NVX, OTCQX: NVNXF), a leader in battery materials and technology, has announced its participation in the 35th Annual Roth Conference on March 13-14, 2023, in Dana Point, California. Management will engage in one-on-one meetings with institutional investors during the conference. Interested parties can schedule meetings via their Roth representative or by contacting NOVONIX directly. Presentation materials will be available on the company’s investor relations website.

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NOVONIX Limited (NASDAQ: NVX, ASX: NVX, OTCQX: NVNXF) announced it will begin delivering 3,000 tonnes per annum (tpa) of synthetic graphite to KORE Power in 2024 as part of a strategic partnership. KORE Power has secured US$75 million of a total US$150 million funding, supporting the KOREPlex production facility in Arizona. NOVONIX plans to expand its Riverside production in Tennessee to 10,000 tpa and eventually ramp up to 150,000 tpa by 2030. The company also received a US$150 million grant from the U.S. Department of Energy to facilitate production expansion.

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NOVONIX Limited has opened a new pilot production facility in Halifax to advance its cathode technology for batteries, targeting the growing electric vehicle (EV) market. This 35,000-square-foot facility will utilize NOVONIX's proprietary Dry Particle Microgranulation (DPMG) process, aiming to produce up to 10 tonnes of cathode material annually. Supported by C$1 million from the Government of Canada, this facility represents a significant step towards establishing a North American battery supply chain. The pilot program will also enhance internal development and production capabilities.

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FAQ

What is the current stock price of NOVONIX (NVNXF)?

The current stock price of NOVONIX (NVNXF) is $0.4248 as of December 20, 2024.

What is the market cap of NOVONIX (NVNXF)?

The market cap of NOVONIX (NVNXF) is approximately 248.7M.

What does NOVONIX specialize in?

NOVONIX specializes in battery technology, high-performance materials, and efficient production methods for the lithium-ion battery industry.

What services does NOVONIX offer?

NOVONIX offers cell testing services, operates a high precision cell test lab, and provides materials development services.

Where is NOVONIX's Riverside facility located?

NOVONIX's Riverside facility is located in North America and aims to become the region's first large-scale production site of high-performance synthetic graphite for batteries.

What government funding has NOVONIX received?

NOVONIX has received substantial government funding, including a US$100 million grant from the U.S. Department of Energy and US$103 million in Qualifying Advanced Energy tax credits, to support its expansion and localization efforts in the battery supply chain.

What is NOVONIX's focus in the battery industry?

NOVONIX aims to revolutionize the lithium-ion battery industry through innovative technologies, sustainable practices, and efficient production methods.

Who leads NOVONIX?

Dr. Chris Burns is the CEO of NOVONIX, overseeing the company's advancements in battery technology, materials development, and production processes.

What is NOVONIX's significance in the battery supply chain?

NOVONIX holds a prominent position in the electric vehicle and energy storage systems battery industry, driving innovation and sustainability in battery materials manufacturing.

How does NOVONIX contribute to the development of sustainable technologies?

NOVONIX's high precision testing equipment, materials development services, and synthetic graphite production support the development and adoption of sustainable battery technologies.

What sets NOVONIX apart in the battery industry?

NOVONIX's expertise in battery testing, materials development, and high precision chargers positions the company as a leader in the lithium-ion battery industry.

What are NOVONIX's future plans?

NOVONIX plans to expand its production capacity, strengthen its localization efforts in the battery supply chain, and continue driving innovation and sustainability in battery materials manufacturing.

NOVONIX LTD

Nasdaq:NVNXF

NVNXF Rankings

NVNXF Stock Data

248.72M
455.75M
19.74%
7.16%
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