United States Government to Reinstate Section 301 Import Tariffs on Artificial Graphite from China
NOVONIX Limited (NVX)
NASDAQ:AMEX Investor Relations:
nuveen.com/cef/product/overview.aspx?fundcode=nac
Company Research
Source: GlobeNewswire
BRISBANE, Australia, May 31, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX”), a leading battery materials and technology company, today applauded the recent announcement by the United States Trade Representative (USTR) on Section 301 tariffs, removing the current exclusions and reimposing the 25% tariff on artificial graphite and natural graphite powder imported from China effective June 15, 2024.1 In addition, USTR previously announced new tariffs on natural flake graphite on May 14, 2024, increasing to 25% in 2026.2 Dr. Chris Burns, CEO of NOVONIX, said, “We are pleased to see the Biden Administration and the USTR formally recognize the significance of the Section 301 tariffs to protect the investments being made by companies like NOVONIX. Employing this trade tool will help to level an otherwise disparate playing field and support our efforts to localize the production of battery-grade graphite.” Artificial graphite is the predominant anode mate
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- NOVONIX Completes Independent Engineering Assessment of Riverside Facility [Yahoo! Finance]Yahoo! Finance
- NOVONIX Completes Independent Engineering Assessment of Riverside FacilityGlobeNewswire
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NVX
Sec Filings
- 6/20/24 - Form 6-K
- 6/14/24 - Form 6-K
- 6/13/24 - Form 6-K
- NVX's page on the SEC website