NOVONIX and Stellantis Sign Binding Offtake Agreement
NOVONIX Limited (NVX)
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nuveen.com/cef/product/overview.aspx?fundcode=nac
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Source: GlobeNewswire
Offtake for NOVONIX’s high-performance synthetic graphite material to be supplied to Stellantis’ cell manufacturing partners in North AmericaAgreement for up to a target volume of 115,000 tonnes of synthetic graphite material from 2026-2031 BRISBANE, Australia, Nov. 10, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or the “Company”), a leading battery materials and technology company, and Stellantis NV (“Stellantis”), a leading automotive company, today announced the signing of a binding offtake agreement for a minimum of 86,250 tonnes, up to a target volume of 115,000 tonnes of high-performance synthetic graphite material. The material will be supplied to Stellantis’ cell manufacturing partners in North America over a six-year term starting in 2026 from NOVONIX’s Riverside facility and a planned expansion site. “We are excited to have Stellantis’ commitment, now as our largest customer, to support their North American EV growth plans,” says Dr. Chris
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News
- Australia's Novonix inks deal to supply synthetic graphite to Stellantis [Yahoo! Finance]Yahoo! Finance
- NOVONIX and Stellantis Sign Binding Offtake Agreement [Yahoo! Finance]Yahoo! Finance
- Cengiz Holding steps up international cooperation for electric vehicle batteries [Yahoo! Finance]Yahoo! Finance
- NOVONIX and ICoNiChem Enter into Collaboration Agreement Focused on Sustainable Cathode Material Feedstock [Yahoo! Finance]Yahoo! Finance
- NOVONIX and ICoNiChem Enter into Collaboration Agreement Focused on Sustainable Cathode Material FeedstockGlobeNewswire
NVX
Sec Filings
- 11/12/24 - Form 6-K
- 11/1/24 - Form 6-K
- 10/31/24 - Form 6-K
- NVX's page on the SEC website