Novonix announces completion of due diligence for combination of natural graphite interests into axon graphite

Brisbane, australia, may 16, 2024 (globe newswire) -- novonix limited (nasdaq: nvx, asx: nvx) (“novonix”), a leading battery materials and technology company, today announced that due diligence has been satisfactorily completed for both novonix and lithium energy limited (asx: lel)(“lel”) to contribute their natural graphite exploration interests into a new company, axon graphite limited (“axon”).
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