NOVONIX and Stellantis Sign Binding Offtake Agreement [Yahoo! Finance]
NOVONIX Limited (NVX)
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Source: Yahoo! Finance
Agreement 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 Burns, CEO of NOVONIX. “This contract allocates the remainder of our available volumes at our Riverside facility and a portion of volumes t
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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 AgreementGlobeNewswire
- 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