Novonix Ltd
Weekly Wrap: Winning Streak Persists as Tech, Banks Drive Aussie Shares
ASX 200 rises 0.5% to 8,903 as tech and banks lead; miners retreat, with Capstone Copper and Catalyst Metals rallying on strong results.
US Moves to Curb Chinese Graphite Imports Set to Benefit Australian Battery Material Players
In a major shift that could reshape global battery supply chains, the US Commerce Department has announced preliminary anti-dumping duties on Chinese graphite imports, a core component in lithium-ion batteries. The move follows a petition from US graphite producers, who allege that Chinese firms have been exporting artificially low-priced graphite products into the US market, […]
Novonix backs US push for steep graphite tariffs against China in global supply chain crackdown
Australian miner Novonix (ASX: NVX) has come out in support of a call by its US graphite mining counterparts for the White House to impose major tariff increases on their Chinese rivals. Novonix said it applauds a preliminary affirmative determination by the US Department of Commerce (DoC) to impose up to 721% in countervailing duty […]
Novonix signs five-year graphite supply offtake deal with Volkswagen’s PowerCo
Novonix (ASX: NVX) has signed a five-year offtake agreement with Volkswagen subsidiary PowerCo for a minimum of 32,000 tonnes of high-performance synthetic graphite material from its Riverside production facility in North America. The start of commercial supply is targeted for 2027, subject to Novonix achieving certain milestones related to final mass production qualification and compliance […]