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BUZZ-Australia's NOVONIX at 1-1/2 month high on finalising US plant location

ReutersJan 7, 2025 12:51 AM

NOVONIX NVX.AX soars as much as 11.4% to A$0.83, highest since Nov. 25, 2024

Battery metals firm intends to secure deal for land in Tennessee's Chattanooga for its second mass production plant NOVONIX Enterprise South

Says plant expected to reach full production capacity of 31,500 tonnes per annum by 2028-end and create 500 full-time jobs

Stock marks its best day since Dec. 27, 2024

(Reporting by Sneha Kumar in Bengaluru)

((Sneha.Kumar@thomsonreuters.com;))

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