25
Jan
10:56
Novonix shares jump 76% on US grant funding
Share prices in Australian battery materials developer Novonix have rocketed after the company won a $5 million grant from the US government, Kallanish reports.
The company announced last Thursday that its US-based subsidiary, PUREgraphite, is to receive a $5.57m grant from the US Department of Energy (DoE) to fund the development of its furnace technology for lithium-ion battery synthetic graphite material. The project is the result of a partnership between PUREg…
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Anonymous
Very good overview of the weekly steel market.
Anonymous