Novonix Stock Price, News & Analysis

NOVONIX (NASDAQ: NVX, OTCQX: NVNXF) and Emera Technologies have delivered their custom-designed microgrid battery prototype, a milestone in clean energy technology. This battery supports Emera's BlockEnergy™ residential microgrid, currently piloting in Tampa, Florida. The project, initially announced in 2021, aims to enhance energy efficiency through shared rooftop solar power. The prototype testing is set for completion later in 2022, with commercial system availability targeted for 2023. This partnership signifies a step toward a renewable energy future.

NOVONIX Limited (NASDAQ: NVX, ASX: NVX, OTCQX: NVNXF), a prominent battery materials and technology firm, announced that CEO Dr. Chris Burns and CFO Nick Liveris will engage with investors at two upcoming conferences. The first is the Stifel Cross Sector Insight Conference on June 8, 2022, in Boston, where Burns will present and participate in a panel. The second, Evercore ISI's Global Clean Energy & Transition Technologies Summit, takes place on June 15, 2022, in New York. Both events will feature live webcasts and replays on NOVONIX's investor relations website.

BRISBANE, Australia, May 19, 2022 - NOVONIX Limited (NASDAQ: NVX, ASX: NVX, OTCQX: NVNXF) announced that CEO Dr. Chris Burns and CFO Nick Liveris will present at Citi’s 2022 Lithium & Battery Virtual Day on May 26, 2022. Dr. Burns will speak from 2:00 to 2:35 p.m. ET, followed by a Q&A session. The event will be accessible to the public via a webcast. NOVONIX specializes in advanced battery materials and technology, aiming to increase production of synthetic graphite to 10,000 metric tons annually by 2023, with ambitious targets of 40,000 by 2025 and 150,000 by 2030.

NOVONIX Limited will present at the 34th Annual ROTH Conference on March 15, 2022, in Dana Point, California. Executives Dr. Chris Burns and Nick Liveris will engage in a fireside chat at 2:00 p.m. ET. An audio webcast will be available to the public via the company's investor relations website. NOVONIX is focused on advanced materials for lithium-ion batteries and aims to increase its synthetic graphite production capacity to 10,000 metric tons annually by 2023. The company’s operations span Canada and the U.S., supplying the global battery industry.

NOVONIX Limited has appointed Jean Oelwang, President and Founding CEO of Virgin Unite, to its Board of Directors, enhancing its leadership team. Oelwang brings 30 years of experience in telecommunications and social entrepreneurship, emphasizing sustainability and corporate responsibility. Her involvement aims to drive NOVONIX's growth in the battery materials sector, specifically in developing a US battery supply chain for electrification. The company is on track to boost synthetic graphite production to meet the surging demand for lithium-ion batteries.

NOVONIX Limited (ASX: NVX, NASDAQ: NVX, OTCQX: NVNXF) has announced that its American Depositary Receipts (ADRs) will begin trading on Nasdaq today. The U.S. Securities and Exchange Commission has declared its registration statements effective. Each ADR represents four fully paid shares of NOVONIX and aims to broaden the company's investor base in the U.S. while providing shareholders similar rights to dividends and voting as ordinary shareholders. This move is part of NOVONIX's strategy to enhance its presence in the North American market.

NOVONIX (OTC: NVNXF) has secured a five-year supply agreement with KORE Power to supply graphite anode material, starting at 3,000 tonnes per annum in 2024, with potential growth to 12,000 tonnes. The partnership aims to bolster the domestic lithium-ion battery supply chain in North America. Additionally, NOVONIX acquired an approximate 5% stake in KORE Power for USD 25 million, split equally between cash and shares. This marks a significant step towards establishing a sustainable energy future and advancing production capabilities at NOVONIX's new facility.

NOVONIX Limited (OTC: NVNXF) announced a letter of intent to enter into investment and supply agreements with KORE Power. This collaboration aims to enhance the North American battery supply chain by making NOVONIX the exclusive supplier of graphite anode materials for KORE Power's facility in the U.S. NOVONIX plans to acquire a 5% stake in KORE for $7.50 per share, totaling a mix of cash and shares. This partnership is expected to close in early 2022, supporting KORE Power's upcoming 12 GWh battery manufacturing facility in Arizona.