NVX News: NOVONIX Enters into Joint Venture Agreement with TAQAT Development Company to Produce Battery Materi - 31st Mar 2023, 9:12am

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Novonix Ltd.

Key Deal Terms:

NOVONIX Limited (“NOVONIX”) and TAQAT Development Company (“TAQAT”) have agreed to form an incorporated Joint Venture (JV) in the Kingdom of Saudi Arabia to produce high-performance graphite anode for use in electric vehicle (“EV”) and energy storage system (“ESS”) applications. It is intended that the JV will undertake engineering for the facility in its first year with the target to begin facility construction in 2024. NOVO...

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