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Stock impact report

NVX: Advancing NVX Cathode Materials Unit; CFO Transition Expected to be Smooth [Yahoo! Finance]

NOVONIX Limited (NVX) 
Company Research Source: Yahoo! Finance
Novonix (NASDAQ:NVX) is advancing both its Cathode and Anode materials units as it continues its strategy to develop a north American supply chain to support the battery industry. With Novonix Cathode Materials expected to play a key role as demand for batteries grows, NVX had launched a pilot production facility for cathode materials. Reflecting NVX's increased investment over the past two years in its cathode synthesis technology, the material was produced using Novonix's all-dry, zero-waste synthesis technology. NVX announced that it recently was granted a patent for its all-dry, zero-waste cathode synthesis technology in Japan, which is a key market for the production and use of CAM. NVX intends to use the pilot line to demonstrate the commercial potential and competitiveness of its cathode materials and technology, including high-nickel and cobalt-free materials and their performance and durability in industrial lithium-ion cells. Early physical property measurements of mid-ni Show less Read more
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