Australia's Novonix eyes best day in 10 months on first delivery to top US client

ReutersSep 29, 2025 5:03 AM

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Shares of Novonix NVX.AX rise 17.7% to A$0.075, on track for best session since November 25 if gains hold

Hits highest level since September 5

Battery materials co delivers first mass production sample of synthetic graphite to an unnamed top U.S. customer

Adds that its Riverside facility in Tennessee will start mass production next year for its lead customer, Panasonic

About 20.8 mln shares change hands, 2.9x the 30-day average of 7.1 mln

Stock down nearly 32% YTD

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