In September 2023, NOVONIX shared the results of an engineering study conducted by Hatch Ltd., a global engineering consultancy firm, on the Company's cathode synthesis process. The report highlighted potentially significant cost and waste reduction improvements over the conventional cathode synthesis process. The study found that NOVONIX's process may potentially reduce power consumption by an estimated 25% and practically eliminate waste byproduct generation over the conventional process. These factors co ...

BRISBANE, Australia, May 31, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) ("NOVONIX"), a leading battery materials and technology company, today applauded the recent announcement by the United States Trade Representative (USTR) on Section 301 tariffs, removing the current exclusions and reimposing the 25% tariff on artificial graphite and natural graphite powder imported from China effective June 15, 2024.1 In addition, USTR previously announced new tariffs on natural flake graphite on M ...

BRISBANE, Australia, May 31, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) ("NOVONIX"), a leading battery materials and technology company, today applauded the recent announcement by the United States Trade Representative (USTR) on Section 301 tariffs, removing the current exclusions and reimposing the 25% tariff on artificial graphite and natural graphite powder imported from China effective June 15, 2024.1 In addition, USTR previously announced new tariffs on natural flake graphite on M ...

BRISBANE, Australia, May 30, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) ("NOVONIX" or "the Company"), a leading battery materials and technology company, has announced that an independent assessment of the Company's Riverside production facility in Chattanooga, Tennessee has been completed by Hatch Ltd, a global engineering and consulting firm. The assessment considered various topics including the evaluation of operations, project execution, and financial model assumptions as well as ...

BRISBANE, Australia, May 30, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) ("NOVONIX" or "the Company"), a leading battery materials and technology company, has announced that an independent assessment of the Company's Riverside production facility in Chattanooga, Tennessee has been completed by Hatch Ltd, a global engineering and consulting firm. The assessment considered various topics including the evaluation of operations, project execution, and financial model assumptions as well as ...

Executive Transition - NOVONIX CFO Nick Liveris will retire from his executive role and transition to a non-executive role on the Board of Directors, effective upon the appointment of a new CFO [1] - The company has begun recruiting a new CFO who will work closely with Mr Liveris to ensure a smooth transition [1] Leadership Contributions - Mr Liveris has served as CFO for seven years, contributing significantly to NOVONIX's growth as a North American leader in battery materials and supporting technologies [2] - His transition to a non-executive director role will allow the company to retain his experience and knowledge to support continued growth [2] Company Strategy - Mr Liveris played a key role in implementing NOVONIX's strategy to localize the battery material supply chain [3] - The company's differentiated strategy focuses on innovative, sustainable technologies and efficient production methods [4] Industry Position - NOVONIX is a leading battery technology company revolutionizing the global lithium-ion battery industry [4] - The company has gained a prominent position in the electric vehicle and energy storage systems battery industry [4] Technological Capabilities - NOVONIX manufactures industry-leading battery cell testing equipment [4] - The company is expanding its high-performance synthetic graphite anode material manufacturing operations [4] - NOVONIX has developed an all-dry, zero-waste cathode synthesis process [4]

About NOVONIX NOVONIX is a leading battery technology company revolutionizing the global lithium-ion battery industry with innovative, sustainable technologies, high-performance materials, and more efficient production methods. The Company manufactures industry-leading battery cell testing equipment, is growing its high-performance synthetic graphite anode material manufacturing operations, and has developed an all-dry, zero-waste cathode synthesis process. Through advanced R&D capabilities, proprietary tec ...

Cautionary Note Regarding Forward-Looking Statements This communication contains forward-looking statements about the Company and the industry in which we operate. Forward-looking statements can generally be identified by use of words such as "anticipate," "believe," "contemplate," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," or "would," or other similar expressions. Examples of forward-looking statements in this communica ...

BRISBANE, Australia, May 15, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ:NVX, ASX: NVX))), a leading battery materials and technology company, and PowerCo SE ("PowerCo"), a Volkswagen Group-owned battery cell company, have announced the signing of a non-exclusive Testing and Development Agreement ("TDA"). The work to be conducted under the TDA will include NOVONIX developing, testing, and analyzing synthetic graphite anode materials tailored to meet PowerCo's requirements and upon successful completion ...

BRISBANE, Australia, May 01, 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 May 2024: Canaccord Genuity 3rd Annual Global Metals & Mining Conference to be held in Palm Desert, CA on May 7th and May 8th;Citi's 2024 Energy and Climate Technology Conference to be held in Boston, MA on May 14th and 15th;J. ...