Welcome to our dedicated page for NOVONIX news (Ticker: NVX), a resource for investors and traders seeking the latest updates and insights on NOVONIX stock.
NOVONIX Limited (NVX) is a leader in advanced battery materials and lithium-ion technology, driving innovation across graphite exploration, sustainable manufacturing, and energy storage solutions. This page serves as the definitive source for official company announcements, financial updates, and strategic developments shaping the global battery industry.
Access real-time press releases covering earnings results, R&D breakthroughs, and partnerships with automotive and energy sector stakeholders. Stay informed on production expansions, technology patents, and market positioning through curated regulatory filings and analysis-ready news summaries.
Investors and industry professionals rely on this resource for updates on NOVONIX’s zero-waste cathode synthesis processes, synthetic graphite advancements, and progress in scaling North American battery supply chains. Content is rigorously verified to ensure accuracy and relevance for both technical and general audiences.
Bookmark this page for streamlined access to NVX’s latest milestones, including offtake agreements, facility expansions, and sustainability initiatives. Visit regularly to monitor how NOVONIX’s vertically integrated operations address critical challenges in electric vehicle and renewable energy infrastructure.
NOVONIX (NASDAQ: NVX, ASX: NVX), a leading battery materials and technology company, announced it has been granted a patent in Japan for its proprietary all-dry, zero-waste cathode synthesis technology (Patent JP7504195). This innovation enhances NOVONIX's ability to produce high-quality single-crystal NMC powders, serving the electric vehicle and energy storage sectors. The company has ten patent families in various stages of examination globally.
CEO Dr. Chris Burns highlighted the process's economic and environmental benefits. A 2023 engineering study by Hatch indicated the process could cut power consumption by 25%, nearly eliminate waste, reduce processing costs by 50%, and lower capital costs by 30%. NOVONIX continues to sample various grades of cathode materials for commercialization partners.
NOVONIX (NASDAQ: NVX, ASX: NVX), a leader in battery materials and technology, has welcomed the U.S. Trade Representative's decision to reinstate 25% tariffs on artificial graphite and natural graphite powder imported from China, effective June 15, 2024. The USTR had earlier announced a similar tariff on natural flake graphite to be increased by 2026. The company believes this move will help level the playing field for U.S. battery-grade graphite producers and localize production. NOVONIX aims to establish North America's first large-scale battery-grade artificial graphite facility at their Riverside operations.
NOVONIX (NASDAQ: NVX, ASX: NVX), a battery materials and technology company, announced the completion of an independent assessment of its Riverside facility in Chattanooga, Tennessee by Hatch The assessment reviewed operations, project execution, financial models, and environmental considerations. NOVONIX remains on schedule to achieve 3,000 tonnes per annum (tpa) of commercial production capacity at Riverside by the end of 2024, with all primary production equipment in place or ordered.
CEO Dr. Chris Burns emphasized the confidence gained from the review, highlighting NOVONIX's progress in localizing lower-emissions synthetic graphite supply in North America. The company has updated its production economics estimates, aiming for 20,000 tpa capacity at Riverside. They project operating margins of 23-30%, with operating costs of US$6-8/kg and selling prices of US$7-10/kg, supported by a US$100 million DOE MESC grant and a US$103 million tax credit.
The company is also considering the Section 45X Advanced Manufacturing Tax Credit program. These efforts position NOVONIX as a leader in sustainable battery materials manufacturing.
NOVONIX (NASDAQ: NVX, ASX: NVX) announced that CFO Nick Liveris will transition to a non-executive role on the Board of Directors. The search for a new CFO has commenced, and the appointee will work with Mr. Liveris to ensure a smooth transition. Mr. Liveris will retire from his current position to focus on the Liveris Family Office but will continue supporting NOVONIX. His move to a non-executive role allows NOVONIX to retain his expertise. CEO Dr. Chris Burns acknowledged Mr. Liveris' contributions in strengthening the company's position in the battery materials market.
NOVONIX (NASDAQ: NVX, ASX: NVX), a leading battery materials and technology company, announced the successful completion of due diligence for a strategic merger with Lithium Energy 's (ASX: LEL) natural graphite interests. The merger will create Axon Graphite , combining NOVONIX's Mount Dromedary graphite exploration and LEL's Burke and Corella graphite projects. NOVONIX will receive shares in Axon, which is planned to be listed on the Australian Securities Exchange (ASX). The transaction is contingent on Axon's initial public offering (IPO) and its ASX listing approval. This announcement was authorized by NOVONIX Chairman, Admiral Robert J. Natter, USN Ret.
NOVONIX (NASDAQ: NVX, ASX: NVX) and PowerCo SE, a Volkswagen Group battery cell company, have signed a non-exclusive Testing and Development Agreement (TDA). Under this TDA, NOVONIX will develop, test, and analyze synthetic graphite anode materials to meet PowerCo's needs. If the development proves successful, the two companies may enter into a supply agreement.
PowerCo, established by Volkswagen in 2022, aims to lead global battery cell production and has plans for three gigafactories in Germany, Spain, and Canada with a combined capacity of up to 200 GWh/year. The collaboration focuses on the St. Thomas gigafactory to boost the North American battery materials supply chain.
NOVONIX is developing North America's first large-scale synthetic graphite production facility, targeting production by late 2024 and scaling to 20,000 tonnes annually, with future expansion to 150,000 tonnes. NOVONIX has received US$100 million in grant funding and US$103 million in tax credits to support this expansion.
NOVONIX (NVX) announces its participation in several investor events in May 2024. The executive team will attend conferences like Canaccord Genuity, Citi, J.P. Morgan, and CGS-CIMB to showcase the company's battery materials and technology. Presentation materials and webcast links will be available on the investor relations website.
FAQ
What is the current stock price of NOVONIX (NVX)?
What is the market cap of NOVONIX (NVX)?
