Novonix Stock Price, News & Analysis

NOVONIX and PowerCo SE have signed a binding offtake agreement for a minimum of 32,000 tonnes of high-performance synthetic graphite material to be supplied from 2027-2031. PowerCo, established by Volkswagen in 2022, operates three gigafactories with a combined capacity of 200 GWh/year. NOVONIX's Riverside facility will begin commercial production in 2025, targeting 20,000 tonnes per annum output. The company received a US$100 million DOE grant and US$103 million investment tax credit for the facility. NOVONIX plans a second facility in the southeastern US with initial 30,000 tpa capacity, expandable to 75,000 tpa, aiming for total production of 150,000 tpa.

NOVONIX (NASDAQ: NVX) and Stellantis have signed a binding offtake agreement for high-performance synthetic graphite material. The deal involves supplying between 86,250 and 115,000 tonnes of material to Stellantis' North American cell manufacturing partners from 2026 to 2031. The supply will come from NOVONIX's Riverside facility and a planned expansion site.

NOVONIX's Riverside facility, supported by a US$100 million DOE grant and US$103 million investment tax credit, will begin commercial production in 2025 with a 20,000 tonnes per annum capacity. The company plans to build a new facility in the southeastern US with an initial 30,000 tpa capacity, expandable to 75,000 tpa, targeting total production of 150,000 tpa.

NOVONIX (NASDAQ: NVX, ASX: NVX) and ICoNiChem Widnes have signed a Joint Collaboration Agreement to develop nickel-based cathode active materials (CAM). The project, selected for funding under the 2024 Canada-UK critical minerals call, aims to improve the sustainability of NOVONIX's all-dry, zero-waste technology by incorporating recycled metal feedstock.

NOVONIX Battery Technology Solutions Inc. will receive up to CAD $127,928 in funding from NRC IRAP, while ICoNiChem receives support through Innovate UK. The 2-year project has a total budget of CAD $515,686. NOVONIX will use its patented process to synthesize, test, and analyze CAM incorporating ICoNiChem's recycled cobalt and nickel. The collaboration aims to advance sustainable solutions, reduce cathode processing costs, and strengthen the critical mineral supply chain across North America, the UK, and beyond.

Voltaiq, a leading battery analytics software provider, and NOVONIX (NASDAQ: NVX, ASX: NVX), a battery materials and technology company, have announced a strategic partnership to enhance efficiency and quality in the battery industry. The collaboration aims to optimize global battery development and production by integrating Voltaiq's advanced analytics platform with NOVONIX's Ultra-High Precision Coulometry (UHPC) equipment and expertise in battery R&D and materials development.

Key aspects of the partnership include:

• Integration of Voltaiq's analytics into NOVONIX's battery materials development programs
• Enhanced quality control and defect detection in gigafactories and research labs
• Improved efficiency in battery development cycles, leading to faster time-to-market

This partnership is expected to drive innovation, improve product quality, and accelerate the development of next-generation battery technologies in an increasingly competitive global market.

NOVONIX (NASDAQ: NVX, ASX: NVX), a leading battery materials and technology company, has announced two upcoming events:

1. The release of its Quarterly Activities Report for the quarter ended September 30, 2024, on Wednesday, October 30, 2024. CEO Dr. Chris Burns will provide prepared remarks on the quarter. The webcast and presentation materials will be available at 8:30 am AEDT on October 30, or 5:30 pm EDT on October 29 for U.S. interested parties.

2. Participation in the OTC Small Cap Growth Virtual Investor Conference on October 10, 2024, at 10:00 am EDT (New York).

Webcast links and presentation materials for both events will be available on the NOVONIX investor relations website.

NOVONIX (NASDAQ: NVX, ASX: NVX), a leading battery materials and technology company, has announced its participation in the upcoming H.C. Wainwright 26th Annual Global Investment Conference. The event is scheduled to take place on September 10th and 11th, 2024 in New York, NY. NOVONIX will make presentation materials available on its investor relations website prior to the event. This announcement was authorized for release by NOVONIX Chairman, Admiral Robert J. Natter, USN Ret.

NOVONIX (NASDAQ: NVX, ASX: NVX) and CBMM have signed a joint development agreement focused on nickel-based cathode materials. NOVONIX will use its patented all-dry, zero-waste synthesis process to develop cathode active materials (CAM) incorporating CBMM's niobium products, aiming for improved performance at lower costs. The one-year project involves NOVONIX's cathode pilot line and Battery Technology Solutions division for material characterization and full-scale pouch cell evaluation.

NOVONIX recently commissioned its cathode pilot line, producing materials matching leading suppliers' performance. An independent study showed significant cost savings and waste reduction compared to conventional processes. The company was granted a patent for its technology in Japan and has been sampling pilot-scale materials to potential partners.

CBMM has invested $80 million in a niobium oxide refining facility, targeting battery applications. Niobium oxide is expected to improve NMC cathode materials' cycle life and be key in CAM production.

NOVONIX (NASDAQ: NVX, ASX: NVX) has announced the appointment of Robert Long as its new Chief Financial Officer (CFO), effective September 1, 2024. Long brings over 25 years of finance and executive leadership experience to the role. Current CFO Nick Liveris will transition to the company's Board of Directors on the same date.

To ensure a smooth transition, Ron Edmonds, a NOVONIX board member and former Chief Accounting Officer at Dow Chemical, will serve as interim Executive Officer – Finance from August 1, 2024. This strategic leadership change aims to support NOVONIX's continued growth in the battery materials and technology sector.

NOVONIX (NASDAQ: NVX, ASX: NVX), a leading battery materials and technology company, has announced the release of its second quarter 2024 Quarterly Activities Report on July 15, 2024. The company's CEO, Dr. Chris Burns, will provide prepared remarks on the quarterly activities for the period ended June 30, 2024.

A webcast and presentation will be available for interested parties, with different timing for Australian and U.S. audiences. The materials will be accessible on the NOVONIX investor relations website at 8:30 am AEST on July 15, 2024, or 6:30 pm EDT on July 14, 2024 for U.S. viewers. This announcement has been authorized by NOVONIX Chairman, Admiral Robert J. Natter, USN Ret.