Some dayz I just smile NVX report today has "NOVONIX finalized US$100 million grant from U.S. Department of Energy (DOE) Office of Manufacturing and Energy Supply Chains (MESC)" that was from 1/11/2023 really.
Thats for "Funding underpins doubling of production capacity to 20,000 tpa at existing Riverside (Chattanooga) facility"
HAZER CDP at its capacity will be 100 tpa hydrogen and 300 tpa graphite.
Novonix share price graph is a slow burn plus despite the 100 million grant! I am not attacking the company! I sold off my tiny holding at a loss a while ago as I was really only watching and did not enjoy the small burn! A possible 100 million USD Hazer plant or several may make Novonix a bit nervous?
HZR Price at posting:
60.0¢ Sentiment: Buy Disclosure: Held
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