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NOVONIX LTD

0.442

+0.0174.00%

Volume:2.15M

Turnover:943.25K

Market Cap:281.14M

PE:-1.90

High:0.455

Open:0.420

Low:0.415

Close:0.425

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Overview Company News Filings

Novonix Ltd-ASX Approves Waivers From Listing Rule 7.1 and 10.11

THOMSON REUTERS

Why Novonix, HMC, Karoon Energy, and Ventia shares are pushing higher

Novonix, Others File Petition to Probe China's Alleged Export of 'Artificially Cheap' Graphite into US

MT Newswires Live

Australian graphite firms petition US on alleged China dumping

Australia's NOVONIX joins US petition against China's unfair graphite pricing

Trade Case Filed With US Govt Over Chinese Graphite Exports-Nvx.ax

THOMSON REUTERS

Novonix - Filing Asserts China Is Harming Nascent Domestic Graphite Industry by Exporting Artificially Cheap Battery-Grade Graphite Into US

THOMSON REUTERS

US graphite miners ask Washington to impose 920% tariff on Chinese rivals

Australia's Novonix gets $755 mln US loan commitment to build graphite plant in Tennessee

ASX Market Close: Bourse rises as Bitcoin breaks a new record | December 17, 2024

The Market Herald

Why Novonix, PEXA, Tamboran Resources, and Westgold shares are storming higher

BRIEF-Novonix Announces Conditional Commitment For $754 Mln Loan From U.S. DOE

BUZZ-Australia's Novonix gains on $755 mln loan from US energy department

Novonix Secures Up to $754.8 Million US Government Loan for Graphite Manufacturing Plant; Shares Up 9%

MT Newswires Live

Australian Graphite Maker Jumps on $755 Million US Plant Funding

Why are Novonix shares rocketing 16% on Tuesday?

Novonix Gets Conditional $754.8 Million Loan Commitment From DOE for Tennessee Project

MT Newswires Live

Novonix Shares Rise 33% After Conditional Commitment of DOE Loan

Australia's NOVONIX gets $754.8 mln loan commitment from US for battery facility in Tennessee

Press Release: NOVONIX Offered Conditional Commitment for US$754 Million Loan from the U.S. Department of Energy for New Synthetic Graphite Manufacturing Plant in Tennessee

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At the time of writing, the benchmark index is down a further 1.1% to 8,079.7 points. 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China currently has over 95% market share for battery-grade graphite, per the filing.Novonix's shares were down nearly 2% in recent Thursday trade.Price : $0.59, Change: $-0.01, Percent Change: -1","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["NVX.AU","LU0994945656.USD","BK7084","LU2238339852.HKD","LU0345774631.USD","BK4157","LU1043141123.HKD","LU0426417589.USD","BK4125","NVX","LU0426412945.USD","AUD"],"gpt_icon":0},{"id":"2492192163","title":"Australian graphite firms petition US on alleged China dumping","url":"https://stock-news.laohu8.com/highlight/detail?id=2492192163","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492192163?lang=en_us&edition=fundamental","pubTime":"2024-12-19 06:50","pubTimestamp":1734562229,"startTime":"0","endTime":"0","summary":"UPDATE 1-Australian graphite firms petition US on alleged China dumpingAdds details from paragraphs 2. Dec 19  - Australia's Novonix Ltd NVX.AX said on Thursday it had joined a petition urging U.S. authorities to investigate China's alleged dumping of battery-grade graphite at unfair prices, potentially harming domestic producers.The battery metals and technology company has joined the American Active Anode Material Producers  in filing the petition.\"The filing asserts China is harming the nascent domestic graphite industry by exporting artificially cheap battery-grade graphite into the U.S., denying North American producers a fair opportunity to enter the market,\" Novonix said in a statement.North American graphite miners asked the U.S. government on Wednesday to impose a tariff as high as 920% on Chinese suppliers of the battery metal to counter what they describe as Beijing's \"malicious trade practices.\". In a separate statement, Australia's Syrah Resources SYR.AX said its unit, Syr","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241218:nL4N3NJ1IU:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK7095","SYR.AU","BK7507","BK7084","NVX.AU"],"gpt_icon":0},{"id":"2492150996","title":"Australia's NOVONIX joins US petition against China's unfair graphite pricing","url":"https://stock-news.laohu8.com/highlight/detail?id=2492150996","media":"Reuters","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492150996?lang=en_us&edition=fundamental","pubTime":"2024-12-19 06:07","pubTimestamp":1734559641,"startTime":"0","endTime":"0","summary":"Australia's NOVONIX joins US petition against China's unfair graphite pricingDec 19  - Australia's NOVONIX Ltd NVX.AX said on Thursday it had participated in a petition urging U.S. authorities to investigate China's alleged dumping of battery-grade graphite at unfair prices, potentially harming domestic producers.  ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241218:nL4N3NJ1ID:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"policyRegulatory","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["NVX.AU","BK7084"],"gpt_icon":0},{"id":"2492891150","title":"Trade Case Filed With US Govt Over Chinese Graphite Exports-Nvx.ax","url":"https://stock-news.laohu8.com/highlight/detail?id=2492891150","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492891150?lang=en_us&edition=fundamental","pubTime":"2024-12-19 05:58","pubTimestamp":1734559082,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241218:nFWN3NJ0J6:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK7084","NVX.AU"],"gpt_icon":0},{"id":"2492508241","title":"Novonix - Filing Asserts China Is Harming Nascent Domestic Graphite Industry by Exporting Artificially Cheap Battery-Grade Graphite Into US","url":"https://stock-news.laohu8.com/highlight/detail?id=2492508241","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492508241?lang=en_us&edition=fundamental","pubTime":"2024-12-19 05:58","pubTimestamp":1734559082,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241218:nFWN3NJ0J6:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["NVX.AU","BK7084"],"gpt_icon":0},{"id":"2492151755","title":"US graphite miners ask Washington to impose 920% tariff on Chinese rivals","url":"https://stock-news.laohu8.com/highlight/detail?id=2492151755","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492151755?lang=en_us&edition=fundamental","pubTime":"2024-12-19 05:01","pubTimestamp":1734555680,"startTime":"0","endTime":"0","summary":"Dec 18 (Reuters) - North American graphite miners asked the U.S. government on Wednesday to impose a tariff as high as 920% on Chinese suppliers of the battery metal in order to counter what they desc","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["JRV.AU","BK7084","HGmain","WASH","BK7504","BK4211","BK7095","NVX.AU"],"gpt_icon":0},{"id":"2492986383","title":"Australia's Novonix gets $755 mln US loan commitment to build graphite plant in Tennessee","url":"https://stock-news.laohu8.com/highlight/detail?id=2492986383","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492986383?lang=en_us&edition=fundamental","pubTime":"2024-12-17 14:50","pubTimestamp":1734418220,"startTime":"0","endTime":"0","summary":"UPDATE 1-Australia's Novonix gets $755 mln US loan commitment to build graphite plant in TennesseeAdds details throughout from second paragraphBy Melanie Burton","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241217:nL4N3NI0CZ:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK7084","NVX.AU"],"gpt_icon":0},{"id":"2492998646","title":"ASX Market Close: Bourse rises as Bitcoin breaks a new record | December 17, 2024","url":"https://stock-news.laohu8.com/highlight/detail?id=2492998646","media":"The Market Herald","labels":["economic"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492998646?lang=en_us&edition=fundamental","pubTime":"2024-12-17 14:27","pubTimestamp":1734416820,"startTime":"0","endTime":"0","summary":"With just five trading days ‘til Christmas, the ASX closed up 0.78% at 8,314 points.Bitcoin jumped to an all-time record high above $US107,000 after Donald Trump confirmed plans for a U.S. strategic reserve for the cryptocurrency.The Iron Ore price has risen around half a percent, to US$105.50, dragging the big miners higher, whilst the big banks were the most outstanding players on the market today.Industrials, Real Estate and IT were the best performing sectors, all up around 1.3%, followed by Financials and Health Care, both up 1.1%.Novonix  closed up 3.42% on news the U.S. Department of Energy  hasconditionally committeda direct loan of up to A$1.2 billion to partially finance a proposed new facility in Tennessee.Tamboran Resources  closed up 3.85% after inking a deal with APA Group to deliver the Sturt Plateau Pipeline.Westgold Resources  closed up 4.31% on news of a potential expansion of the Fortnum Gold Operation in the Murchison Region of WA. A scoping study has identified a p","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://themarketonline.com.au/asx-market-close-bourse-rises-as-bitcoin-breaks-a-new-record-december-17-2024-2024-12-17/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"economic","news_rank":0,"length":0,"strategy_id":0,"source":"markerherald_stock","symbols":["09439","03439","LM8.AU","BK7084","BK4157","NVX.AU","09008","BK1611","BK4601","IDA.AU","BK4594","BK7148","BK4588","BK7104","03008","NVX","WGX.AU","83042","BK4585","BK7502","CGCP","APA.AU","BK7506","BK7096","TBN.AU","BK7142","03042","BK7508","BK7095","BOT.AU","09042"],"gpt_icon":1},{"id":"2492016670","title":"Why Novonix, PEXA, Tamboran Resources, and Westgold shares are storming higher","url":"https://stock-news.laohu8.com/highlight/detail?id=2492016670","media":"MotleyFool","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492016670?lang=en_us&edition=fundamental","pubTime":"2024-12-17 10:19","pubTimestamp":1734401950,"startTime":"0","endTime":"0","summary":"TheS&P/ASX 200 Index (ASX: XJO) is back on form and charging higher on Tuesday. In afternoon trade, the benchmark index is up 0.85% to 8,319.3 points. Four ASX shares that are rising more than most to","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.fool.com.au/2024/12/17/why-novonix-pexa-tamboran-resources-and-westgold-shares-are-storming-higher/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"motleyfoolau_stock","symbols":["NVX.AU","XJO.AU","TBN.AU","BK7004","BK7142","PXA.AU","BK7148","BK7506","BK7104","TBN","NVX","WGX.AU","APA.AU","BK7084","BK4157"],"gpt_icon":0},{"id":"2492676795","title":"BRIEF-Novonix Announces Conditional Commitment For $754 Mln Loan From U.S. DOE","url":"https://stock-news.laohu8.com/highlight/detail?id=2492676795","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492676795?lang=en_us&edition=fundamental","pubTime":"2024-12-17 09:10","pubTimestamp":1734397849,"startTime":"0","endTime":"0","summary":"BRIEF-Novonix Announces Conditional Commitment For $754 Mln Loan From U.S. DOEDec 17  - Novonix Ltd NVX.AX:CONDITIONAL COMMITMENT FOR US$754M LOAN FROM US DOE LPOLOAN TO BE APPLIED TOWARDS PARTIALLY FINANCING PROPOSED NEW FACILITY IN CHATTANOOGA, TENNESSEEFurther company coverage: NVX.AX ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241217:nFWN3NH177:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["NVX.AU","BK7084"],"gpt_icon":0},{"id":"2492769706","title":"BUZZ-Australia's Novonix gains on $755 mln loan from US energy department","url":"https://stock-news.laohu8.com/highlight/detail?id=2492769706","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492769706?lang=en_us&edition=fundamental","pubTime":"2024-12-17 09:03","pubTimestamp":1734397408,"startTime":"0","endTime":"0","summary":"** Shares of Novonix    rise as much as 16.2% to A$0.680, posting their biggest intraday percentage gain since Nov. 25   ** Battery materials co says it has received $754.8 mln loan from the U.S. Depa","market":null,"thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["NVX.AU","XJO.AU","XKO.AU","XAO.AU"],"gpt_icon":0},{"id":"2492349676","title":"Novonix Secures Up to $754.8 Million US Government Loan for Graphite Manufacturing Plant; Shares Up 9%","url":"https://stock-news.laohu8.com/highlight/detail?id=2492349676","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492349676?lang=en_us&edition=fundamental","pubTime":"2024-12-17 08:49","pubTimestamp":1734396595,"startTime":"0","endTime":"0","summary":"Novonix  secured a conditional loan of up to $754.8 million from the US Department of Energy to fund the construction of a manufacturing facility in Chattanooga, Tennessee, according to a Tuesday filing with the Australian bourse.The proposed plant will manufacture synthetic graphite primarily for electric vehicle batteries, with a production estimate of roughly 31,500 tonnes per year at full capacity.The two-tranche loan comprises up to $692 million in principal and up to $62.8 million in capitalized interest, the filing said. It will be guaranteed by Novonix and subject to the completion of an environmental review and other conditions.The battery materials and technology company's shares were up nearly 9% in recent Tuesday trade.Price : $0.64, Change: $+0.05, Percent Change: +8.55%","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4125","LU0994945656.USD","LU1043141123.HKD","AUD","BK7084","LU0426412945.USD","LU0345774631.USD","NVX","LU0426417589.USD","NVX.AU","BK4157","LU2238339852.HKD"],"gpt_icon":0},{"id":"2492967699","title":"Australian Graphite Maker Jumps on $755 Million US Plant Funding","url":"https://stock-news.laohu8.com/highlight/detail?id=2492967699","media":"Bloomberg","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492967699?lang=en_us&edition=fundamental","pubTime":"2024-12-17 08:05","pubTimestamp":1734393918,"startTime":"0","endTime":"0","summary":"Shares in Australian synthetic graphite maker Novonix Ltd. surged after it received a conditional $755 million loan from the US Department of Energy to build a manufacturing plant in Tennessee.","market":"sg","thumbnail":"https://static.themebuilder.aws.arc.pub/bellmediainc/1717607291216.jpg","type":0,"news_type":0,"thumbnails":["https://static.themebuilder.aws.arc.pub/bellmediainc/1717607291216.jpg"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.bnnbloomberg.ca/investing/commodities/2024/12/17/australian-graphite-maker-jumps-on-755-million-us-plant-funding/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"bnn_bloomberg_highlight","symbols":["NVX","XAO.AU","XJO.AU","NVX.AU","XKO.AU","BK4157","BK7084"],"gpt_icon":0},{"id":"2492267693","title":"Why are Novonix shares rocketing 16% on Tuesday?","url":"https://stock-news.laohu8.com/highlight/detail?id=2492267693","media":"MotleyFool","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492267693?lang=en_us&edition=fundamental","pubTime":"2024-12-17 07:09","pubTimestamp":1734390570,"startTime":"0","endTime":"0","summary":"Novonix Ltd  shares are rocketing out of the gates on Tuesday morning. At the time of writing, the battery materials and technology company's shares are up 16% to 68 cents. Why are Novonix shares rocketing?As mentioned at the top, this funding is conditional.The release notes that the DOE must complete an environmental review, and the company must satisfy certain technical, commercial, legal, environmental, and financial conditions before the DOE can decide whether to enter into definitive financing documents and fund the loan. A binding loan agreement from DOE will also be subject to the satisfactory completion of due diligence by DOE, satisfaction of conditions precedent specified in the term sheet, approval of the Novonix board, receipt of required governmental and third-party consents, and the negotiation and execution of binding loan documents.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.fool.com.au/2024/12/17/why-are-novonix-shares-rocketing-16-on-tuesday/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"motleyfoolau_stock","symbols":["NVX","BK7084","BK4157","NVX.AU"],"gpt_icon":0},{"id":"2492624447","title":"Novonix Gets Conditional $754.8 Million Loan Commitment From DOE for Tennessee Project","url":"https://stock-news.laohu8.com/highlight/detail?id=2492624447","media":"MT Newswires Live","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492624447?lang=en_us&edition=fundamental","pubTime":"2024-12-17 07:07","pubTimestamp":1734390459,"startTime":"0","endTime":"0","summary":"Novonix (NVX) said late Monday that the US Department of Energy, through the Loan Programs Office, has offered a \"conditional commitment\" for a direct loan of up to $754.8 million.The loan, consisting","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["NVX.AU","NVX","BK7084","BK4157"],"gpt_icon":0},{"id":"2492621973","title":"Novonix Shares Rise 33% After Conditional Commitment of DOE Loan","url":"https://stock-news.laohu8.com/highlight/detail?id=2492621973","media":"Dow Jones","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492621973?lang=en_us&edition=fundamental","pubTime":"2024-12-17 06:46","pubTimestamp":1734389160,"startTime":"0","endTime":"0","summary":"Shares of Novonix were rising in the late trading session after the battery materials and technology company said it received a conditional commitment for a direct loan of up to $754.8 million from the Energy Department.After the bell, the company's shares were trading 33% higher, at $2.07. The stock hit as high as $2.91 in the late session Monday.If finalized, the loan would be applied toward partially financing construction of a facility in Chattanooga, Tenn., to manufacture synthetic graphite primarily for use in electric vehicle batteries, Novonix said.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["NVX","NVX.AU","BK7084","BK4157"],"gpt_icon":0},{"id":"2492562588","title":"Australia's NOVONIX gets $754.8 mln loan commitment from US for battery facility in Tennessee","url":"https://stock-news.laohu8.com/highlight/detail?id=2492562588","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492562588?lang=en_us&edition=fundamental","pubTime":"2024-12-17 05:51","pubTimestamp":1734385863,"startTime":"0","endTime":"0","summary":"Australia's NOVONIX gets $754.8 mln loan commitment from US for battery facility in TennesseeDec 17  - NOVONIX Ltd NVX.AX said on Tuesday it has secured a conditional $754.8 million loan commitment from the U.S. Department of Energy to partially fund its proposed battery facility in Chattanooga, Tennessee, under the Advanced Technology Vehicles Manufacturing Loan Program.  ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241216:nL4N3NH1E7:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK7084","NVX.AU"],"gpt_icon":0},{"id":"2492239106","title":"Press Release: NOVONIX Offered Conditional Commitment for US$754 Million Loan from the U.S. Department of Energy for New Synthetic Graphite Manufacturing Plant in Tennessee","url":"https://stock-news.laohu8.com/highlight/detail?id=2492239106","media":"Dow Jones","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492239106?lang=en_us&edition=fundamental","pubTime":"2024-12-17 05:41","pubTimestamp":1734385260,"startTime":"0","endTime":"0","summary":"NOVONIX Offered Conditional Commitment for US$754 Million Loan from the U.S. Department of Energy for New Synthetic Graphite Manufacturing Plant in Tennessee. This year, NOVONIX has signed binding offtake agreements to supply synthetic graphite to Panasonic Energy , Stellantis , and PowerCo . To meet this demand, the Company has previously discussed plans to build a new facility in the southeastern United States which could expand up to 75,000 tpa or production capacity. This proposed ATVM Program loan would support the construction of the first phase of the New Facility and the initial production capacity of 31,500 tpa. 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