Annual Report to Shareholders
Brisbane, Sep 28, 2018 AEST (ABN Newswire) - NOVONIX Ltd (
ASX:NVX) provides the Company's Annual Report to shareholders.
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
To view the full report, please visit:
http://abnnewswire.net/lnk/0326A92K
About NOVONIX Limited
NOVONIX Limited (ASX:NVX) (FRA:GC3) (OTCMKTS:NVNXF) 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 more than 14 countries. NOVONIX's mission is to support the global deployment of lithium-ion battery technologies for a cleaner energy future.
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