NVX has done an announcement on the ITC investigation. Here is...

NVX has done an announcement on the ITC investigation. Here is the relevant part:

U.S. Department of Commerce to Place Up to 721% Tariffs on
Chinese Graphite
Chattanooga, TN (USA), May 22, 2025 - NOVONIX Limited (NASDAQ: NVX, ASX: NVX)
(“NOVONIX” or the “Company”), a leading battery materials and technology company, applauds
the preliminary affirmative determination by the U.S. Department of Commerce (“Commerce”) to
impose up to 721% of countervailing duty (“CVD”) tariffs on synthetic and natural graphite anode
material from China. In February, the International Trade Commission (“ITC”) announced its
preliminary determination asserting that China suppressed the establishment of the graphite
industry in the United States (and elsewhere) by exporting artificially cheap graphite which is a key
component of lithium-ion batteries.

Michael O’Kronley, CEO of NOVONIX, stated, "We are encouraged by the decision of the
Department of Commerce today. This decision is an important step in supporting the United
States’ goal of developing critical mineral supply domestically for increased energy
independence.”

Commerce is also conducting its own antidumping duty (“AD”) investigation. Any additional AD
tariff imposed by Commerce will stack onto the CVD tariffs announced today. The final
determinations for both investigations are expected to be issued around December 5, 2025.