NVX 3.16% 76.5¢ novonix limited

Media Watch - NVX related, page-14081

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    Thanks for the reply Sy8
    Scott from Novonix IR responded to my message.


    NOVONIX has not provided a specific projected cost. You are able to infer the costs from the 48C investment tax credit which is 30% of the qualified costs of the facility or ~US$345 million. Correct, we have the DOE MESC grant for $100 million that needs to be matched and the $103 48C ITC that can be monetized. The remainder would need to funded by NOVONIX.

 
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