Novonix Ltd

NOVONIX Ltd. is an integrated developer and supplier of materials, equipment and services for the global lithium-ion battery industry with operations in the U.S. and Canada. It produces synthetic graphite anode materials used in the making of lithium-ion batteries that power electric vehicles, personal electronics, medical devices and energy storage units. The firm operates through the following segments: Graphite Exploration and Mining, Battery Technology, and Battery Materials. NOVONIX was founded by Gregory Alexander John Baynton in April 2012 and is headquartered in Brisbane, Australia.

NOVONIX Ltd. is an integrated developer and supplier of materials, equipment and services for the global lithium-ion battery industry with operations in the U.S. and Canada. It produces synthetic graphite anode materials used in the making of lithium-ion batteries that power electric vehicles, personal electronics, medical devices and energy storage units. The firm operates through the following segments: Battery Materials, Battery Technology, and Graphite Exploration. NOVONIX was founded by Gregory Alexander John Baynton in April 2012 and is headquartered in Brisbane, Australia.

BRISBANE, Australia, April 10, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX”), a leading battery materials and technology company, today announced that members of the executive team are scheduled to participate in the following upcoming investor events in April 2024:

NOVONIX Announces Participation in April Investor Events

BRISBANE, Australia, April 03, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or “the Company”), a leading battery materials and technology company, today announced that it has signed a definitive agreement under which its wholly owned subsidiary, MD South Tenements Pty Ltd, which holds the Mount Dromedary natural graphite exploration interests, will be divested to Axon Graphite Limited (“Axon”), a subsidiary of Lithium Energy Limited (ASX: LEL). LEL will contribute its interest in its Burke and Corella graphite projects to Axon pursuant to the agreement. As consideration for the transaction, NOVONIX will receive shares in Axon, which the parties intend to list on the Australian Securities Exchange (“ASX”). The transaction is subject to the completion of the parties' due diligence enquiries, completion of the proposed initial public offering (“IPO”) of Axon, and receipt of approval for the admission of Axon to the ASX.

NOVONIX Limited and Lithium Energy Limited to Combine Natural Graphite Interests with Intention to Take Combined Business Public

BRISBANE, Australia, April 01, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or the “Company”), a leading battery materials and technology company, today announced that upon recommendation by the U.S. Department of Energy (“DOE”), the Company was selected to receive a US$103 million tax credit (the “48C tax credit”) under the Qualifying Advanced Energy Project Allocation Program (the “48C program”), to support production of critical battery materials from its Riverside facility in Chattanooga, Tennessee.

U.S. Government Selects NOVONIX to Receive US$103 Million in Qualifying Advanced Energy Project Tax Credits

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China flake graphite prices were mixed and generally flat for the month. China's Jan-Feb graphite exports plunge amid export controls. Graphite market news - "forecast by various reputable market research entities of a potential flake graphite shortage to kick in over the next few quarters." Graphite company news - Syrah Resources signs Balama binding Offtake with Posco Future M. Black Rock Mining confirms approvals now in place for US$153m in loan facilities.

Graphite Miners News For The Month Of March 2024

BRISBANE, Australia, March 08, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or “the Company”), a leading battery materials and technology company, today announced that it has released its inaugural Sustainability Report.

NOVONIX Releases Inaugural Sustainability Report

BRISBANE, Australia, Feb. 26, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX”), a leading battery materials and technology company, today announced that members of the executive team are scheduled to participate in the following upcoming investor events in February and March 2024:

NOVONIX Announces Participation in Upcoming Investor Events

- Chief Executive Officer spoke to the positive implications of the agreement - BRISBANE, Australia, Feb. 12, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or the “Company”), a leading battery materials and technology company, shared a webcast with CEO, Dr. Chris Burns, discussing the Company's recent announcement of an off-take agreement with Panasonic Energy, a leading manufacturer of electric vehicle (“EV”) batteries in North America. In the webcast, Dr. Burns discusses the strategic importance of the Company's Riverside facility in Chattanooga, Tennessee – the first large-scale production site dedicated to high-performance synthetic graphite for the battery sector in North America – and how the ramp up of its capacity is helping to address a supply gap of domestic anode materials.

NOVONIX Hosts Webcast with Dr. Chris Burns Following Panasonic Off-Take Announcement

Panasonic Holdings Corp

Japan's Panasonic Energy, a supplier for Tesla's electric vehicles, said on Friday it has struck a graphite supply agreement for its U.S. battery plants with Australian materials company Novonix.

Tesla supplier Panasonic secures Novonix's graphite for EV battery

- Off-take for NOVONIX's high-performance synthetic graphite to be supplied to  Panasonic Energy's North American facilities -

Panasonic Energy and NOVONIX Sign Binding Off-Take Agreement

BRISBANE, Australia, Feb. 05, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or “the Company”), a leading battery materials and technology company, today announced the appointment of Sharan Burrow AC to its Board of Directors, effective 28 February, 2024.

NOVONIX Appoints Sharan Burrow AC to Board of Directors

BRISBANE, Australia, Jan. 25, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or “the Company”), a leading battery materials and technology company, today announced that it plans to release its fourth quarter 2023 Quarterly Activities Report on Tuesday, January 30, 2024. Dr. Chris Burns, CEO of NOVONIX, will also provide prepared remarks of the quarterly activities for the quarter ended December 31, 2023.

NOVONIX to Host Fourth Quarter 2023 Operations Update

BRISBANE, Australia, Dec. 20, 2023 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or “the Company”), a leading battery materials and technology company, today announced that Daniel Akerson has resigned from the Company's Board of Directors effective December 20, 2023. Mr. Akerson cited personal reasons for his departure from the Company's board.

NOVONIX Announces Resignation of Daniel Akerson from Board of Directors

BRISBANE, Australia, Dec. 04, 2023 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or the “Company”), a leading battery materials and technology company, today announced that members of the executive team are scheduled to participate in the following upcoming investor events in December 2023:

NOVONIX Announces Participation in December Investor Events

China flake graphite prices & spherical graphite prices were flat to slightly lower the past month. Slightly higher in Europe. Graphite market news - European graphite price increase in November 2023 amidst China export curtailment/permit set to begin on December 1, 2023. Graphite company news - MRC takes 100% ownership of Skaland. Northern Graphite resumes processing at North America's only producing graphite mine.

Graphite Miners News For The Month Of November 2023

- Funding underpins doubling of production capacity to 20,000 tpa at existing Riverside (Chattanooga) facility - - Recent Chinese export controls on graphite highlight the importance of US based suppliers such as NOVONIX -

CORRECTING AND REPLACING: NOVONIX Finalizes US$100 Million Grant Award from U.S. Department of Energy

NOVONIX Finalizes US$100 Million Grant Award from U.S. Department of Energy

Flake graphite prices & spherical graphite prices were slightly lower the past month. UBS tips graphite price surge, sees 50% upside to current pricing. Graphite market news - China to require 'export licenses' for synthetic graphite, flake graphite material and its products. China graphite export restrictions could hinder ex-China anode development. Graphite company news - Northern Graphite testing confirms LDI Graphite is Battery Anode Material Grade. NextSource Materials announces first bulk shipment of SuperFlake® graphite.

Graphite Miners News For The Month Of October 2023

BRISBANE, Australia, Sept. 29, 2023 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or the “Company”), a leading battery materials and technology company, today announced that members of the executive team are scheduled to participate in the following upcoming investor events in October 2023:

NOVONIX Announces Participation in October Investor Events

BRISBANE, Australia, Sept. 28, 2023 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or the “Company”), a leading battery materials and technology company, today announced it will host a webcast on Thursday, October 5th, 2023 at 8:30 a.m. AEDT to provide a business update and discuss recent operational milestones.

NOVONIX to Host Investor Webcast for Business Update

Flake graphite prices & spherical graphite prices were mostly lower the past month. Graphite market news - BMI: Amidst a robust graphite supply picture in China, downstream demand from the EV industry remained sluggish. Long-term demand forecasts remain strong. Graphite company news - Syrah Resources US$150m conditional loan commitment for Balama approved by U.S. IDFC. NextSource Materials announces MoU for strategic collaboration with POSCO.

Graphite Miners News For The Month Of September 2023

- Supports proprietary cathode synthesis technology pilot line production and demonstration - Adds artificial intelligence (AI) models to cloud-based data management and analytics products BRISBANE, Australia, Sept. 27, 2023 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or the “Company”), a leading battery materials and technology company, announced that its Battery Technology Solutions division in Nova Scotia, Canada is receiving up to CAD$3 million (USD$2.23 million) in research and development funding and advisory services from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP).

NOVONIX Secures Support from the Government of Canada for Cathode and Data Product Research & Development

Novonix's latest tests on its synthetic graphite produced encouraging results. The company is laying the groundwork to scale up its production of the material.

Why Novonix Stock Is Getting Supercharged Today

NOVONIX Limited's US-listed shares jumped 31% to $2.43 in early Friday trading after the Australian battery materials and technology company said induction furnaces at its Tennessee manufacturing facility have allowed NOVONIX to double its output target, paving a path to profitability for its synthetic graphite electric vehicle (EV) battery anode production.   The company said its Generation 3 Furnaces met design targets, including throughput, cost, and sustainability targets.

NOVONIX stock surges as battery maker eyes profitable US production

Highlights from recent production campaigns: Demonstrated successful production with the Company's Generation 3 Furnaces meeting design targets, including throughput, cost, and sustainability targets Doubled production capacity target to up to 20,000 tpa for Tennessee facility Expected capital and operating costs for future facilities projected to be lower than the Company's initial estimates BRISBANE, Australia, Sept. 15, 2023 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or “the Company”), a leading battery materials and technology company, is pleased to provide an update on production from its proprietary, continuous induction Generation 3 Furnaces (“Furnaces”) at its Riverside, Tennessee facility.

NOVONIX Achieves Key Milestones and Establishes Pathway to Profitable Anode Material Production in the U.S.

Engineering report on NOVONIX's proprietary cathode synthesis process highlights potential improvements over conventional cathode synthesis:

News for Novonix Ltd Stock (NVX)