Break it Down: Novonix’ potential US$755m loan for synthetic graphite
Stockhead TV’s Sarah Hughan brings you today’s Break it Down, detailing the proposed synthetic graphite plant in the US from Novonix.
Stockhead's Break it Down brings you today's leading market news in under 90 seconds.
In this episode, host Sarah Hughan tells all on Novonix' (ASX:NVX) subsidiary receiving conditional commitment for a US Department of Energy loan up to the value of US$755M.
The funding will help finance a new facility in the US state of Tennessee, which would produce enough synthetic graphite to supply 325,000 new electric vehicles a year.
Tune in to get the latest.
Originally published as Break it Down: Novonix’ potential US$755m loan for synthetic graphite
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