Battery technology company Novonix (ASX:NVX) signed a binding offtake agreement with automotive company Stellantis for the supply of its synthetic graphite material, according to a Monday filing with the Australian bourse.
A minimum of 86,250 tonnes and up to a target volume of 115,000 tonnes of the material will be supplied to Stellantis' North American cell manufacturing partners over a six-year term starting in 2026, the filing said.
The product pricing under the offtake agreement will be determined by an agreed-upon market-based price formula, according to the filing.
Novonix shares rose more than 14% in afternoon trade.
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。