Australia's Novonix inks deal to supply synthetic graphite to Volkswagen-founded PowerCo

Reuters

2024/11/25

Nov 25 (Reuters) - Australian battery manufacturer Novonix NVX.AX said on Monday it had signed a binding offtake agreement with Volkswagen-founded PowerCo for the supply of a minimum of 32,000 metric tons of high-performance synthetic graphite.

(Reporting by Rajasik Mukherjee; Editing by Lisa Shumaker)

((Rajasik.Mukherjee@thomsonreuters.com;))

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