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 ...

Core Insights - NOVONIX Limited and PowerCo SE have signed a non-exclusive Testing and Development Agreement (TDA) to develop synthetic graphite anode materials tailored for PowerCo's requirements [1][2] - PowerCo, established by Volkswagen in 2022, aims to lead global battery cell production with three identified gigafactory locations in Germany, Spain, and Canada, totaling a capacity of up to 200 GWh/year [2][5] - NOVONIX's Riverside facility is set to become North America's first large-scale production site for high-performance synthetic graphite, targeting 20,000 tonnes per annum by late 2024, with plans to expand to 150,000 tonnes per annum [3][6] Company Overview - NOVONIX is a leading battery technology company focused on innovative and sustainable technologies, high-performance materials, and efficient production methods in the lithium-ion battery industry [6] - PowerCo SE is part of the Volkswagen Group, overseeing global battery operations and advancements in cell technology, with a focus on vertical integration of the battery value chain [5][6]

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. ...

Financial Data and Key Metrics Changes - The company reported a cash balance of approximately $62 million at the end of the quarter [20] - A significant operational milestone was achieved with the finalization of a $100 million award from the Department of Energy for the Riverside project [18] - The company was selected to receive a $103 million tax credit under the Qualified Advanced Energy Project Allocation [19] Business Line Data and Key Metrics Changes - The Anode materials group is highlighted as the largest area of focus, being a leading domestic supplier of battery-grade synthetic graphite [18] - The company signed a binding supply agreement with Panasonic Energy, marking a significant development in the Anode materials group [4] - Progress was made in the cathode materials team, focusing on commercializing proprietary all-dry, zero-waste cathode synthesis technology [11][12] Market Data and Key Metrics Changes - The company is positioned to build out the North American supply chain for the battery sector, supported by customer and government financing [10] - The transition of the supply chain from Asia to North America is emphasized, with a lifecycle assessment showing a 60% decrease in global warming potential compared to synthetic graphite made in China [14] Company Strategy and Development Direction - The company is focused on lower carbon footprint process technology and has released its inaugural sustainability report, outlining its commitment to environmental, social, and governance principles [6][20] - A proposal to combine Mount Dromedary assets with Lithium Energy's natural graphite assets aims to create a new public company, Axon Graphite, to raise capital for project development [13] Management's Comments on Operating Environment and Future Outlook - Management expressed excitement about the strategic growth and milestones achieved in 2023, positioning the company well for future developments [9] - The focus on building an intellectual property profile for synthetic graphite manufacturing and new materials is seen as a competitive advantage [17] Other Important Information - The company is working on initiatives around data solutions leveraging AI and machine learning to enhance battery performance [3] - The sustainability report identifies the company's top 10 priorities and topic areas for continued development [6] Q&A Session All Questions and Answers Question: What are the key highlights from the first quarter? - The company highlighted the binding supply agreement with Panasonic Energy and the significant progress in the Anode materials group [4] Question: How is the company addressing environmental concerns? - The company emphasized its commitment to cleaner process technology and the environmental benefits of its proprietary processes [21]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 or ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 or ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF ...

NOVONIX Limited has changed its financial year end to December 31 (previously June 30) Providing revolutionary solutions to the battery industry NOVONIX Limited NOVONIX LIMITED ABN 54 157 690 830 INTERIM FINANCIAL REPORT FOR THE HALF-YEAR ENDED JUNE 30, 2023 NOVONIX Limited HALF-YEAR REPORT - JUNE 30, 2023 CORPORATE DIRECTORY | Directors | Admiral R J Natter, US Navy (Ret.) | | --- | --- | | | D Akerson BS (Eng), MSc (Economics) | | | A Bellas B. Econ, DipEd, MBA, FAICD, FCPA, FGS | | | R Edmonds CPA, BBA ( ...

EXHIBIT 99.2 Novonix Limited has changed its financial year end to 31 December (previously 30 June) Providing revolutionary solutions to the battery industry NOVONIX LIMITED ABN 54 157 690 830 ANNUAL REPORT – 31 DECEMBER 2022 CONTENTS | CORPORATE DIRECTORY | 1 | | --- | --- | | REVIEW OF OPERATIONS AND ACTIVITIES | 2 | | DIRECTORS' REPORT | 11 | | DIRECTORS AND COMPANY SECRETARY | 11 | | PRINCIPAL ACTIVITIES | 11 | | DIVIDENDS | 11 | | REVIEW OF OPERATIONS | 11 | | SIGNIFICANT CHANGES IN THE STATE OF AFFAIR ...