NVX 3.17% 61.0¢ novonix limited

2023, page-180

  1. 101 Posts.
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    reading the BMR 2022 Year book section on Graphite on page 17 I read the following:-

    "From an ESG point of view, synthetic graphite compares poorly with natural graphite. The manufacture of synthetic graphite from petroleum
    coke requires baking the material at temperatures of 850-1200°C for 4-6 WEEKS. This is an order of magnitude more power-intensive than any natural graphite processing."

    and

    "The power intensity of synthetic graphite production has been an issue, with a number of closures of capacity within China due to power shortages. Increasingly, because of higher power prices pushing up costs of synthetic graphite processing (and hence prices), focus has shifted increasingly to naturally derived spherical graphite, which sells at substantially lower prices."

    This made me wonder about how power intensive are the the Harper furnaces that NVX are utilising and are NVX planning on using renewables to reduce their footprint and costs. Does anyone have any info on this please, or can you point me in the right direction to read up on it.

 
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