NOVONIX Announces Completion of Due Diligence for Combination of Natural Graphite Interests into Axon Graphite
BRISBANE, Australia, May 16, 2024 (GLOBE NEWSWIRE) — NOVONIX Limited (NASDAQ:NVX, ASX:NVX) (“NOVONIX”), a leading battery materials and technology company, today announced that due diligence has been satisfactorily completed for both NOVONIX and Lithium Energy Limited (ASX:LEL)(“LEL”) to contribute their natural graphite exploration interests into a new company, Axon Graphite Limited (“Axon”).
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