NOVONIX Ltd (NVX.AX) Annual Report to Shareholders
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HIGHLIGHTS FOR FY2018
- Company name change to NOVONIX Limited
- PUREgraphite anode material pilot plant installed in Tennessee, USA
- PUREgraphite pilot plant producing high quality battery anode product
- PUREgraphite product trials commence with multiple prospective customers
- PUREgraphite completes trials and selects commercial production equipment
- NOVONIX BTS achieves 35% growth in testing equipment sales for the year
- BTS wins orders from ten 'Fortune 500' companies
- BTS installs battery cell pilot line and commences electrolyte R&D
- BTS team adds Ken Broom, Ex-COO of fifth-largest Chinese battery maker
- Mt Dromedary Project studies scaling from 50ktpa to 200ktpa
- High-grade Copper discovered at Mt Dromedary Project for further exploration
- Appointment of Admiral Robert J. Natter (US Navy Ret.) to NOVONIX Board
- Intention to appoint Andrew N. Liveris A.O. (DOW Chemical) to the Board
- Government of Canada provides C$1m funding for BTS growth and R&D
- $5 million placement including A$1m by Mr Liveris and Admiral Natter
- Early conversion of all 2017 convertible notes by investors
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About NOVONIX Ltd:
NOVONIX Limited (ASX:NVX) (FRA:GC3) is an integrated developer and supplier of high performance materials, equipment and services for the global lithium-ion battery industry with operations in the USA and Canada and sales in fourteen countries. NOVONIX is co-owner of the PUREgraphite anode material Joint Venture, headquartered in Chattanooga, Tennessee, USA. The Company also owns a world-class, large and high-grade natural graphite deposit in Australia.
NOVONIX's mission is to accelerate the adoption of batteries for a cleaner energy future.
Source:
NOVONIX Ltd
Contact:
Greg Baynton Executive Director Phone: +61-414-970-566 Email: [email protected] Philip St Baker Managing Director Phone: +61-438-173-330 Email: [email protected] Website: www.novonixgroup.com
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