Novonix Limited develops and supplies battery materials, equipment, and services to the lithium-ion battery market in North America. It operates through three segments: Graphite Exploration and Mining, Battery Technology, and Battery Materials. The Graphite Exploration and Mining segment explores for graphite in Australia. The Battery Technology segment develops battery cell testing equipment and batteries, and consulting services. The Battery Materials segment develops and manufactures battery anode materials. The company is also involved in the investment and battery testing activities. Novonix Limited has strategic alliance with Harper International Corporation to develop specialized furnace technology that would enhance Novonix's synthetic graphite manufacturing process; and partnership with Emera Technologies to develop and manufacture energy storage systems for community microgrids. The company was formerly known as Graphitecorp Limited and changed its name to Novonix Limited in July 2017. Novonix Limited was incorporated in 2012 and is headquartered in Brisbane, Australia.
IPO Year:
Exchange: NASDAQ
Website: https://www.novonixgroup.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/30/2024 | $4.00 | Buy | Chardan Capital Markets |
6-K - NOVONIX Ltd (0001859795) (Filer)
SD - NOVONIX Ltd (0001859795) (Filer)
6-K - NOVONIX Ltd (0001859795) (Filer)
6-K - NOVONIX Ltd (0001859795) (Filer)
6-K - NOVONIX Ltd (0001859795) (Filer)
6-K - NOVONIX Ltd (0001859795) (Filer)
6-K - NOVONIX Ltd (0001859795) (Filer)
6-K - NOVONIX Ltd (0001859795) (Filer)
6-K - NOVONIX Ltd (0001859795) (Filer)
6-K - NOVONIX Ltd (0001859795) (Filer)
BRISBANE, Australia, Sept. 28, 2023 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ:NVX, ASX: NVX))) ("NOVONIX" or the "Company"), a leading battery materials and technology company, today announced it will host a webcast on Thursday, October 5th, 2023 at 8:30 a.m. AEDT to provide a business update and discuss recent operational milestones. During the webcast, NOVONIX CEO, Dr. Chris Burns will provide an in-depth technical review and an update across the business including Battery Technology Solutions, Anode Materials and Cathode Materials. More specifically, this event will cover recent milestones and provide an update on the Company's progress in growing its high-performance synthetic gra
Chardan Capital Markets initiated coverage of Novonix Limited with a rating of Buy and set a new price target of $4.00
SC 13G - NOVONIX Ltd (0001859795) (Subject)
CHATTANOOGA, Tenn., May 21, 2025 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ:NVX, ASX: NVX)) ("NOVONIX" or the "Company"), a leading battery materials and technology company, applauds the preliminary affirmative determination by the U.S. Department of Commerce ("Commerce") to impose up to 721% of countervailing duty ("CVD") tariffs on synthetic and natural graphite anode material from China. In February, the International Trade Commission ("ITC") announced its preliminary determination asserting that China suppressed the establishment of the graphite industry in the United States (and elsewhere) by exporting artificially cheap graphite which is a key component of lithium-ion batteries.1 M
CHATTANOOGA, Tenn., April 29, 2025 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ:NVX, ASX: NVX)) ("NOVONIX" or the "Company"), a leading battery materials and technology company, is pleased to announce the execution of a definitive agreement to purchase a 182-acre parcel in the Enterprise South Industrial Park in Chattanooga, Tennessee. This milestone follows the recent unanimous approvals from the City of Chattanooga, Hamilton County, and the Chattanooga Industrial Development Board, completing the necessary local government endorsements for the acquisition. The land will be acquired for approximately US$5 million and serve as the site for NOVONIX's second facility of high-performance synt
CHATTANOOGA, Tenn., April 27, 2025 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ:NVX, ASX: NVX)) ("NOVONIX" or the "Company"), a leading battery materials and technology company today announced the appointment of Michael O'Kronley as Chief Executive Officer, effective May 19, 2025. With a strong technical foundation in engineering, Mr. O'Kronley brings over 30 years of automotive experience, including 15 years in the Lithium-ion battery and battery materials space. Most recently, Mr. O'Kronley served as Chief Executive Officer of Ascend Elements where he increased the enterprise value of the company by US$1.6 Billion in 5 years. Admiral Robert J Natter, USN Ret., Chairman of NOVONIX said "
BRISBANE, Australia, March 13, 2025 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ:NVX, ASX: NVX)) ("NOVONIX" or "the Company"), a leading battery materials and technology company, announced today, that it has received unanimous approval from each of the City of Chattanooga and Hamilton County for the purchase of a 182-acre parcel of land for its second mass production plant ("Enterprise South"). Enterprise South will be acquired for approximately US$4.6 million and will be subject to the satisfaction of certain conditions to be specified in the purchase and sale agreement. The Company also received an estimated US$54 million in net tax and other benefits to be realised over a 15-year period
BRISBANE, Australia, Feb. 03, 2025 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ:NVX, ASX: NVX)) ("NOVONIX" or the "Company"), a leading battery materials and technology company, applauds today's preliminary determination by the International Trade Commission (ITC) that China has supressed the establishment of the domestic graphite industry by exporting artificially cheap graphite to the United States. As previously announced on December 19, 2024, the American Active Anode Material Producers' ("AAAMP"), including NOVONIX, initiated a case with the ITC and the U.S. Department of Commerce ("Commerce") to investigate whether China is exporting natural and synthetic graphite used to make lithium
BRISBANE, Australia, Jan. 20, 2025 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ:NVX, ASX: NVX)) ("NOVONIX" or the "Company"), a leading battery materials and technology company, today announced the planned transition in the Chief Executive Officer ("CEO") role, with Dr. Chris Burns stepping down as Chief Executive Officer, effective 24 January 2025. Dr. Burns will continue to support the Company in an advisory capacity, serving as Special Advisor to the Board of Directors (the "Board"), in order to provide continuity, support ongoing operations of the Company and ensure a smooth transition. Dr. Burns has led NOVONIX since September 2020 and has positioned the company for the next phase of
BRISBANE, Australia, Jan. 10, 2025 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ:NVX, ASX: NVX)) ("NOVONIX" or the "Company"), a leading battery materials and technology company, announced today that it has entered into a licensing agreement with its long-time technology partner, Harper International Corporation ("Harper"), for the rights and use of its continuous, induction-based graphitization furnace technology. In December 2020, NOVONIX and Harper announced a strategic partnership to develop innovative graphitization furnace technology to be used to produce synthetic graphite anode material for the lithium-ion battery sector. This partnership provided for commitments from NOVONIX to pur
BRISBANE, Australia, Jan. 07, 2025 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ:NVX, ASX: NVX)) ("NOVONIX" or "the Company"), a leading battery materials and technology company, announced today the intention to enter a purchase and sale agreement with the City of Chattanooga, Tennessee and Hamilton County, Tennessee for the land to be used for NOVONIX's second mass production plant, NOVONIX Enterprise South. The execution of the purchase and sale agreement is subject to approvals of the City of Chattanooga and Hamilton County, and the closing of the transaction will be subject to the satisfaction of certain conditions to be specified in the purchase and sale agreement. Dr. Chris Burns, CEO
BRISBANE, Australia, Dec. 19, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ:NVX, ASX: NVX)) ("NOVONIX" or the "Company"), a leading battery materials and technology company announced today the Company's participation in the American Active Anode Material Producers' ("AAAMP") petition to the U.S. Department of Commerce ("Commerce") and the International Trade Commission ("ITC") to investigate whether China is exporting natural and synthetic graphite used to make lithium-ion battery anode material at unfair prices to the United States.1 The filing asserts China is harming the nascent domestic graphite industry by exporting artificially cheap battery-grade graphite into the U.S., denying
Figure 1 Site Rendering of NOVONIX's New Facility BRISBANE, Australia, Dec. 17, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ:NVX, ASX: NVX)) ("NOVONIX" or "the Company"), a leading battery materials and technology company, announced today a conditional commitment to NOVONIX through one if its wholly-owned U.S.-based subsidiaries ("Borrower"), from the U.S. Department of Energy ("DOE") through the Loan Programs Office ("LPO") for a direct loan of up to US$754.8 million ($692 million in principal and $62.8 million in capitalized interest) to be applied towards partially financing a proposed new facility in Chattanooga, Tennessee (the "New Facility"). The proposed financing is
CHATTANOOGA, Tenn., April 27, 2025 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ:NVX, ASX: NVX)) ("NOVONIX" or the "Company"), a leading battery materials and technology company today announced the appointment of Michael O'Kronley as Chief Executive Officer, effective May 19, 2025. With a strong technical foundation in engineering, Mr. O'Kronley brings over 30 years of automotive experience, including 15 years in the Lithium-ion battery and battery materials space. Most recently, Mr. O'Kronley served as Chief Executive Officer of Ascend Elements where he increased the enterprise value of the company by US$1.6 Billion in 5 years. Admiral Robert J Natter, USN Ret., Chairman of NOVONIX said "
BRISBANE, Australia, Aug. 01, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ:NVX, ASX: NVX))), a leading battery materials and technology company, is pleased to announce that Robert Long will be appointed as the Company's Chief Financial Officer (CFO) effective September 1, 2024. Mr. Long brings over 25 years of experience in finance and executive leadership with both public and private companies. The Company previously announced that CFO Nick Liveris will transition to the Company's Board of Directors upon the appointment of a new CFO. Mr. Liveris will be appointed to the Board of Directors effective September 1, 2024. To ensure a smooth transition of the CFO role to Mr. Long, Ron
BRISBANE, Australia, May 22, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ:NVX, ASX: NVX))) ("NOVONIX" or "the Company"), a leading battery materials and technology company, today announced that Chief Financial Officer ("CFO"), Nick Liveris, will retire from his executive role and transition to a non-executive role on NOVONIX's Board of Directors, effective on the appointment of a new CFO. The Company has begun the process of recruiting a new CFO who will work closely with Mr. Liveris to ensure a successful transition of the role. Mr. Liveris has decided to retire from the executive role at NOVONIX to work full time with the Liveris Family Office, through which he will continue t
BRISBANE, Australia, Feb. 05, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ:NVX, ASX: NVX))) ("NOVONIX" or "the Company"), a leading battery materials and technology company, today announced the appointment of Sharan Burrow AC to its Board of Directors, effective 28 February, 2024. Chairman Robert J. Natter said: "Ms. Burrow is a global leader in creating thriving and diverse workplaces with responsible governance. She is also a sought-after leader in climate action and human rights and will prove invaluable to NOVONIX in our mission to advance clean energy. Ms. Burrow's involvement in global policy dialogues with United Nations bodies, G7, G20, World Bank, and the International Moneta
BRISBANE, Australia, Dec. 20, 2023 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ:NVX, ASX: NVX))) ("NOVONIX" or "the Company"), a leading battery materials and technology company, today announced that Daniel Akerson has resigned from the Company's Board of Directors effective December 20, 2023. Mr. Akerson cited personal reasons for his departure from the Company's board. Mr. Akerson has been a strong contributor to NOVONIX's Board of Directors since 2022, bringing valuable expertise and strategic insights to the organization. During his tenure, he has played a key role in guiding the Company through scaling of its anode materials operation, progressing customer agreements, and has been ins
BRISBANE, Australia, Sept. 07, 2023 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ:NVX, ASX: NVX))) ("NOVONIX" or the "Company"), a leading battery materials and technology company, announced the appointment of Suresh Vaidyanathan, Vice President, Emerging Energy for Phillips 66 to its Board of Directors, effective September 6th. Mr. Vaidyanathan replaces outgoing Board member Zhanna Golodryga, Executive Vice President of Emerging Energy of Phillips 66. Pursuant to Phillips 66's 2021 investment in the Company, Phillips 66 maintains the right to nominate a member to the Board of NOVONIX. "It gives me great pleasure to announce the appointment of Suresh Vaidyanathan to NOVONIX's Board of Direc
BRISBANE, Australia, Oct. 26, 2022 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ:NVX, ASX: NVX, OTCQX:NVNXF) ("NOVONIX"), a leading battery materials and technology company, announces the appointment of Daniel Akerson and Ron Edmonds to its Board of Directors, effective October 27, 2022. "I am pleased to announce the board appointments of two individuals with proven track records of driving profitable growth and operational expertise relevant to the battery supply chain," said Chairman Robert J. Natter. "Mr. Akerson is a seasoned executive with experience across automotive, finance, and information services, including former service as Chairman and CEO of General Motors. Mr. Edmonds has a s
BRISBANE, Australia, March 01, 2022 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ:NVX, ASX: NVX, OTCQX:NVNXF) ("NOVONIX" or "the Company"), a leading battery materials and technology company, is pleased to announce the appointment of Jean Oelwang, President and Founding CEO of Virgin Unite, the entrepreneurial foundation of the worldwide Virgin Group, to its Board of Directors. "We are thrilled to have Ms. Oelwang join our Board of Directors," says Bob Natter, Chairman of NOVONIX. "She brings incredible experience working with large scale organizations, focused on developing best practices for a more sustainable future. Having Jean's expertise on our board will help us remain focused on our