Novonix and lg energy solution enter into a jda for artificial graphite anode material and a us$30 million investment agreement

Brisbane, australia, june 07, 2023 (globe newswire) -- novonix limited (novonix; nasdaq: nvx, asx: nvx), a leading battery materials and technology company, and lg energy solution (lges; krx: 373220), a global battery manufacturer, today announced they signed an agreement for the joint research and development of artificial graphite anode material for lithium-ion batteries. also, in a separate agreement, novonix has agreed to issue an aggregate principal amount of us$30 million unsecured convertible notes to lges.
NVX Ratings Summary
NVX Quant Ranking