NOVONIX Intends to become a Tier 1 Global Supplier, Provides Technology Roadmap

  • Jun 12, 2020 AEST
  • Team Kalkine

NOVONIX Ltd (ASX:NVX) provides the technology roadmap presentation with the following highlights-

  • The Company is delivering the battery materials, the EV and renewables for future needs.
  • NOVONIX is redefining the manufacturing processes to deliver low costs, waste and emissions required.
  • NVX has core competencies across all fields of cell technology development.
  • The Company has first commercial technology in PUREgraphite anode material with a contract with Samsung SDI.
  • The cathode technology of NVX is entering pilot scale and commercialisation phase now.

Moreover, cathode and anode market is expected to grow from ~USD 10 billion to USD 50- USD 100 billion in next 5-10 years.

Notably, NOVONIX intends to be a tier one global supplier in this swiftly rising advanced materials market.

NVX quoted at AUD 1.170 going up by 6.364% at AEST 12:27 PM on 12 June 2020.

 

 


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