Novonix and stellantis sign binding offtake agreement

Brisbane, australia, nov. 10, 2024 (globe newswire) -- novonix limited (nasdaq: nvx, asx: nvx) (“novonix” or the “company”), a leading battery materials and technology company, and stellantis nv (“stellantis”), a leading automotive company, today announced the signing of a binding offtake agreement for a minimum of 86,250 tonnes, up to a target volume of 115,000 tonnes of high-performance synthetic graphite material. the material will be supplied to stellantis' cell manufacturing partners in north america over a six-year term starting in 2026 from novonix's riverside facility and a planned expansion site.
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