NOVONIX and Stellantis Sign Binding Offtake Agreement
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NOVONIX Limited and Stellantis have signed a binding offtake agreement for the supply of high-performance synthetic graphite material. The agreement covers a minimum of 86,250 tonnes, with a target of 115,000 tonnes, to be delivered over six years starting in 2026.
November 10, 2024 | 10:45 pm
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NOVONIX has secured a significant offtake agreement with Stellantis, ensuring demand for its synthetic graphite material for six years starting in 2026.
The agreement with Stellantis secures a long-term demand for NOVONIX's synthetic graphite, which is likely to positively impact its stock price as it ensures future revenue streams and strengthens its market position.
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