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NOVONIX Limited (ASX:NVX)

ALERT: Price-sensitive ASX Announcement for NVX
Current share price for NVX : $0.150 -0.255 (-62.96%)+
Announcement
Release
29 Jan 2026 8:33AM
Price at Release
$0.405
Full Release
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Summary
NOVONIX Limited has reported significant milestones in its quarterly activities, focusing on enhancements in its anode materials and battery technology solutions. The company is positioned as a key supplier in the North American battery materials market. During the reported quarter, NOVONIX delivered over 100 samples of synthetic graphite to various clients and announced plans to commence mass production of industrial-grade anode materials in 2026. Significant developments include the termination of an offtake agreement with Stellantis NV and ongoing U.S. trade investigations impacting anode active materials imports from China. Additionally, NOVONIX completed a US$100 million convertible debenture transaction to support its production scale-up efforts, while also appointing Dwayne Johnson as Chief Operating Officer to lead strategic growth initiatives.
Key Points
  • Provided over 100 synthetic graphite samples to clients.
  • Plans to begin mass production of anode materials in 2026.
  • Terminated offtake agreement with Stellantis NV.
  • Monitoring U.S. trade investigations on Chinese imports.
  • Completed US$100 million convertible debenture transaction.
  • Appointed Dwayne Johnson as Chief Operating Officer.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.