Dec 17 (Reuters) - NOVONIX Ltd NVX.AX said on Tuesday it has secured a conditional $754.8 million loan commitment from the U.S. Department of Energy to partially fund its proposed battery facility in Chattanooga, Tennessee, under the Advanced Technology Vehicles Manufacturing Loan Program.
(Reporting by Roshan Thomas in Bengaluru; Editing by Shreya Biswas)
((Roshan.Thomas@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.