Panasonic Energy and NOVONIX Sign Binding Off-Take Agreement - Off-take for NOVONIX’s high-performance synthetic graphite to be supplied to Panasonic Energy’s North American facilities - - Agreement for 10,000 tonnes of synthetic graphite from 2025-2028 -NOVONIX LTD • February 9th, 2024 • Miscellaneous electrical machinery, equipment & supplies
Company FiledFebruary 9th, 2024 IndustryBRISBANE, Australia, February 9, 2024 - NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or the “Company”), a leading battery materials and technology company, and Panasonic Energy Co., Ltd. (“Panasonic Energy”), a leading manufacturer of electric vehicle (“EV”) batteries in North America, today announced the signing of a binding off-take agreement for high-performance synthetic graphite anode material to be supplied to Panasonic Energy’s North American operations from NOVONIX’s Riverside facility in Chattanooga, Tennessee.