Battery technology business Novonix (ASX: NVX) has entered a binding offtake agreement to supply its high-performance synthetic graphite material to the battery cell manufacturing partners of multinational automotive titan, Stellantis. Commencing in 2026, the six-year deal will see Novonix deliver a minimum of 86,250 tonnes of graphite and up to 115,000 tonnes of the material
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At a time when sustainability and independence have become foundational to companies everywhere, battery tech company Novonix (ASX: NVX) is being recognised by the U.S. Department of Energy (DOE), as it gets selected to enter negotiations to receive US$150 million in grant funding. With the money, it aims to expand its domestic production of high-performance,
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This week’s unfounded rumours of a Tesla takeover of listed battery group Novonix aside, the market for the so-called battery metals of graphite, lithium and cobalt needs a decent jump start. “Everyone’s in the toilet at the moment,” says industry veteran Mark Thompson, the CEO of graphite hopeful Talga Resources (TLG). Take lithium, which has
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