NOVONIX Hosts Webcast with Dr. Chris Burns Following Panasonic Off-Take Announcement

- Chief Executive Officer spoke to the positive implications of the agreement -

BRISBANE, Australia, Feb. 12, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (NOVONIX or the Company), a leading battery materials and technology company, shared a webcast with CEO, Dr. Chris Burns, discussing the Company's recent announcement of an off-take agreement with Panasonic (OTC:PCRFY) Energy, a leading manufacturer of electric vehicle (EV) batteries in North America.

In the webcast, Dr. Burns discusses the strategic importance of the Company's Riverside facility in Chattanooga, Tennessee “ the first large-scale production site dedicated to high-performance synthetic graphite for the battery sector in North America “ and how the ramp up of its capacity is helping to address a supply gap of domestic anode materials.

The webcast link and presentation materials are available as of Monday, February 12, 2024, at 9:30 am AEDT or Sunday, February 11, 2024, at 5:30 pm EST for interested parties in the United States. The webcast and presentation are available on the NOVONIX  investor relations website.

This announcement has been authorized for release by NOVONIX Chairman, Admiral Robert J. Natter, USN Ret.

About NOVONIX

NOVONIX is a leading battery technology company revolutionizing the global lithium-ion battery industry with innovative, sustainable technologies, high-performance materials, and more efficient production methods. The Company manufactures industry-leading battery cell testing equipment, is growing its high-performance synthetic graphite anode material manufacturing operations, and has developed an all-dry, zero-waste cathode synthesis process. Through advanced R&D capabilities, proprietary technology, and strategic partnerships, NOVONIX has gained a prominent position in the electric vehicle and energy storage systems battery industry and is powering a cleaner energy future. To learn more, visit us at www.novonixgroup.com or on LinkedIn and X.  

For NOVONIX Limited  

Scott Espenshade, ir@novonixgroup.com (investors)  Valerie Malone, media@novonixgroup.com (media)      

Forward-Looking Statements

This communication contains forward-looking statements about the Company and the industry in which we operate. Forward-looking statements can generally be identified by use of words such as anticipate, believe, contemplate, continue, could, estimate, expect, intend, may, plan, potential, predict, project, should, target, will, or would, or other similar expressions. Examples of forward-looking statements in this communication include, among others, statements we make regarding our plans to scale operations and expand our Riverside facility, our targeted production volume and the potential benefits we expect to realize under the Inflation Reduction Act.

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