BUZZ-Australia's NOVONIX at 1-1/2 month high on finalising US plant location

Reuters

01-07

** NOVONIX soars as much as 11.4% to A$0.83, highest since Nov. 25, 2024

** Battery metals firm intends to secure deal for land in Tennessee's Chattanooga for its second mass production plant NOVONIX Enterprise South

** Says plant expected to reach full production capacity of 31,500 tonnes per annum by 2028-end and create 500 full-time jobs

** Stock marks its best day since Dec. 27, 2024

(Reporting by Sneha Kumar in Bengaluru)

((Sneha.Kumar@thomsonreuters.com;))

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