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An update from NOVONIX Ltd ( (AU:NVX) ) is now available.
NOVONIX has revised the timeline for mass production of synthetic graphite anode material for its key customer Panasonic Energy, now expecting production for Panasonic to begin in the second half of 2027 instead of 2026, while remaining on track to start mass production of industrial-grade synthetic graphite for other customers this year. The change reflects the rigorous and variable qualification process required to meet Panasonic’s specific material standards, but the company emphasizes its continued close collaboration with Panasonic and its progress in commissioning and installing mass-production equipment, underscoring its strategic role in developing a North American synthetic graphite supply chain for the battery industry.
The most recent analyst rating on (AU:NVX) stock is a Hold with a A$0.58 price target. To see the full list of analyst forecasts on NOVONIX Ltd stock, see the AU:NVX Stock Forecast page.
More about NOVONIX Ltd
NOVONIX Limited is a battery materials and technology company focused on building a North American platform for critical battery materials from its Chattanooga, Tennessee base. The company develops and supplies advanced synthetic graphite anode materials, is expanding into cathode materials via its patented all-dry, precursor-free synthesis technology, and provides battery cell testing and R&D services, targeting the growing energy storage and electrification markets while supporting U.S. energy independence and supply chain resilience.
Average Trading Volume: 7,783,571
Technical Sentiment Signal: Sell
Current Market Cap: A$447.1M
See more data about NVX stock on TipRanks’ Stock Analysis page.