Australia's Novonix inks deal to supply synthetic graphite to Stellantis
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Novonix, an Australian battery maker, has signed a binding off-take agreement with Stellantis to supply synthetic graphite to Stellantis' cell manufacturing partners in North America.
November 10, 2024 | 11:30 pm
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Novonix has entered into a significant agreement with Stellantis to supply synthetic graphite, which could enhance its market position and revenue potential.
The agreement with Stellantis is a major development for Novonix, as it provides a stable demand for its synthetic graphite, potentially increasing its revenue and market share. This partnership with a major automaker like Stellantis is likely to positively impact Novonix's stock price in the short term.
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