Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
NGX Limited ( (AU:NGX) ) has issued an update.
NGX Limited announced successful electrochemical testing of its Malingunde Coated Purified Spherical Graphite (CSPG), achieving an initial capacity of 367mAh/g, which is near the theoretical maximum for graphite and surpasses premium market benchmarks. This positions NGX’s graphite as a high-quality option for lithium-ion battery anodes, with characteristics comparable to leading Chinese materials. The results offer potential for optimization and further customer engagement, enhancing NGX’s market positioning in the battery industry.
More about NGX Limited
NGX Limited is a company involved in the production of high-quality Active Anode Material (AAM) for lithium-ion batteries. The company focuses on utilizing graphite from its Malingunde Graphite Project in Malawi, aiming to produce materials that meet high-performance standards for battery applications.
YTD Price Performance: -25.00%
Average Trading Volume: 56,015
Technical Sentiment Consensus Rating: Strong Buy
Learn more about NGX stock on TipRanks’ Stock Analysis page.