NOVONIX (ASX:NVX) welcomed a decision by the US Department of Commerce to impose up to 721% of countervailing duty tariffs on synthetic and natural graphite anode material from China, according to a Wednesday release.
Chief Executive, Michael O'Kronley, said that the firm was encouraged by the decision.
The department is also conducting its anti-dumping duty investigation.
The American Active Anode Material Producers, which includes four members of the North American Graphite Alliance, including NOVONIX, earlier filed a trade case related to the matter.
The firm plans its Riverside facility to become the first large-scale production site dedicated to high-performance synthetic graphite for the battery sector in North America.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。