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Why Novonix, HMC, Karoon Energy, and Ventia Shares Are Pushing Higher
NOVONIX Joins Trade Case Against Chinese Graphite Practices
NOVONIX to Receive $754m Loan From DOE for Tennessee Graphite Plant
Australian companies received $0.7 billion in loan support from the U.S. Department of Energy to build the first large-scale synthetic graphite plant in North America.
① NOVONIX received a conditional loan of 0.754 billion USD from the US Energy Department to build a synthetic graphite manufacturing plant in Tennessee; ② The new factory is expected to be fully operational by the end of 2028, with an annual production of 0.0315 million tons of synthetic graphite, supporting the production of about 0.325 million electric vehicle Batteries.
Novonix to Explore Equity Sale to Complement Proposed U.S. Loan for Next Graphite Plant -- Interview
Novonix CEO: Will Look at Selling Equity in Project, Parent Company
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