Novonix Ltd (NVNXF)

[TradingCharts]

NOVONIX has developed a new environmentally friendly process to produce graphite anode material for lithium-ion batteries in the United States. Demand for artificial graphite anode material is increasing exponentially due to electrical vehicle and renewables growth. Currently the supply Chain is reliant on Asia, primarily China, for these critical materials. To address the need for a USA-based lithium-ion battery supply chain, NOVONIX Anode Materials is scaling its multiple facilities in Chattanooga, Tennessee, providing a source of high-performance anode material required for long-life batteries.

https://www.novonixgroup.com/novonix-anode-materials/?utm_content=222571426&utm_medium=social&utm_source=linkedin&hss_channel=lcp-18484289

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